# PPP loan: SOL SYSTEMS, LLC
> **$1.24M** approved 04/13/2020 · Paid in Full · Loan `5284317106`
## Borrower
- **Name:** SOL SYSTEMS, LLC
- **Address:** 1101 Connecticut Ave NW, Washington, DC, 20036
- **NAICS:** 425120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Jobs reported:** 55
## 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*