# PPP loan: ISOFTECH INC.
> **$1.03M** approved 04/27/2020 · Paid in Full · Loan `4603047210`
## Borrower
- **Name:** ISOFTECH INC.
- **Address:** 4211 Pleasant Valley Rd, Suite 230, Chantilly, VA, 20151
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Jobs reported:** 57
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*