# PPP loan: MEGALOS CORPORATION
> **$437K** approved 03/01/2021 · Paid in Full · Loan `5649648503`
## Borrower
- **Name:** MEGALOS CORPORATION
- **Address:** 12 Defense St, Annapolis, MD, 21401-3103
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $437K
- **Initial approval:** $437K
- **Forgiven:** $443K (101%)
- **Forgiveness date:** 07/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $437K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** BayVanguard Bank
- **Servicing:** BayVanguard Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*