# PPP loan: SYSTEMS TECHNOLOGY FORUM, LTD.
> **$1.81M** approved 04/27/2020 · Exemption 4 · Loan `4416627201`
## Borrower
- **Name:** SYSTEMS TECHNOLOGY FORUM, LTD.
- **Address:** 150 Riverside Parkway Suite 309, Fredericksburg, VA, 22406
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $5.56M
- **Forgiven:** $128K (7%)
- **Forgiveness date:** 12/04/2020
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 258
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*