# PPP loan: LORSHI SYSTEMS, LLC
> **$608K** approved 04/27/2020 · Paid in Full · Loan `5851737209`
## Borrower
- **Name:** LORSHI SYSTEMS, LLC
- **Address:** 1039 Sterling Road Suite 202, HERNDON, VA, 20170-3840
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $611K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $608K
- **Jobs reported:** 31
## Lender
- **Originating:** Pilot Bank
- **Servicing:** Lake Michigan CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*