# PPP loan: BRAVURA INFORMATION TECHNOLOGY SYSTEMS INC
> **$7.84M** approved 04/27/2020 · Charged Off · Loan `5285267204`
## Borrower
- **Name:** BRAVURA INFORMATION TECHNOLOGY SYSTEMS INC
- **Address:** 210 Research Blvd 300, Aberdeen, MD, 21001
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.84M
- **Initial approval:** $3.38M
- **Forgiven:** $3.51M (45%)
- **Forgiveness date:** 11/14/2022
- **Status:** Charged Off
- **Term:** 180 months
## Use of funds
- **Payroll:** $5.88M
- **Rent:** $980K
- **Utilities:** $980K
- **Jobs reported:** 500
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*