# PPP loan: SYSTEMS ENGINEERING TECHNOLOGIES CORPORATION
> **$650K** approved 05/13/2020 · Paid in Full · Loan `5952047409`
## Borrower
- **Name:** SYSTEMS ENGINEERING TECHNOLOGIES CORPORATION
- **Address:** 6121 Lincolnia Road, Alexandria, VA, 22312
- **NAICS:** 335999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $631K (97%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Jobs reported:** 45
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*