# PPP loan: ILYNX INC
> **$173K** approved 05/01/2020 · Charged Off · Loan `4362187705`
## Borrower
- **Name:** ILYNX INC
- **Address:** 7600 SOURTHERN OAK DR, SPRINGFIELD, VA, 22153
- **NAICS:** 541612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $11K (7%)
- **Forgiveness date:** 02/09/2023
- **Status:** Charged Off
- **Term:** 12 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 6
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*