# PPP loan: VIRTUAL WORKGROUP TECHNOLOGIES CORP
> **$174K** approved 02/25/2021 · Paid in Full · Loan `4156578503`
## Borrower
- **Name:** VIRTUAL WORKGROUP TECHNOLOGIES CORP
- **Address:** 1 Research Ct Ste 450, Rockville, MD, 20850-6252
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 12
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*