# PPP loan: EMESEC INCORPORATED
> **$195K** approved 04/27/2020 · Paid in Full · Loan `5322237206`
## Borrower
- **Name:** EMESEC INCORPORATED
- **Address:** 2201 Cooperative Way Suite 600, Herndon, VA, 20171
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Rent:** $2K
- **Health care:** $16K
- **Debt interest:** $21K
- **Jobs reported:** 11
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*