# PPP loan: GEODESICX INC.
> **$916K** approved 01/25/2021 · Paid in Full · Loan `5799908308`
## Borrower
- **Name:** GEODESICX INC.
- **Address:** 616 Innovation Dr, Chesapeake, VA, 23320-3846
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $916K
- **Initial approval:** $916K
- **Forgiven:** $920K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $916K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** The Bancorp Bank National Association
- **Servicing:** The Bancorp Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*