# PPP loan: QVS SOFTWARE INC. EMPLOYEE STOCK OWNERSHIP PLAN
> **$331K** approved 01/26/2021 · Paid in Full · Loan `5943628302`
## Borrower
- **Name:** QVS SOFTWARE INC. EMPLOYEE STOCK OWNERSHIP PLAN
- **Address:** 5950 Six Forks Rd Ste A, Raleigh, NC, 27609-4596
- **NAICS:** 541511
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $331K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*