# PPP loan: SOFTILITY INC.
> **$552K** approved 04/13/2020 · Paid in Full · Loan `5275007105`
## Borrower
- **Name:** SOFTILITY INC.
- **Address:** 607 HERNDON PKWY Suite 304, HERNDON, VA, 20170-5416
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $552K
- **Initial approval:** $551K
- **Forgiven:** $534K (97%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $552K
- **Jobs reported:** 29
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*