# PPP loan: ECONOMIC SYSTEMS INC
> **$1.31M** approved 05/28/2020 · Paid in Full · Loan `4614957806`
## Borrower
- **Name:** ECONOMIC SYSTEMS INC
- **Address:** 3120 FAIRVIEW PARK DR, FALLS CHURCH, VA, 22042-4504
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 67
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*