# PPP loan: WFT ENGINEERING, INC
> **$679K** approved 04/27/2020 · Paid in Full · Loan `4038437205`
## Borrower
- **Name:** WFT ENGINEERING, INC
- **Address:** 1801 Research Blvsd Suite 100, Rockville, MD, 20850
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $679K
- **Initial approval:** $679K
- **Forgiven:** $684K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $679K
- **Jobs reported:** 31
## Lender
- **Originating:** Old Dominion National Bank
- **Servicing:** Old Dominion National Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*