# PPP loan: BLUE FORCE TECHNOLOGIES INC.
> **$682K** approved 04/06/2020 · Paid in Full · Loan `6190577009`
## Borrower
- **Name:** BLUE FORCE TECHNOLOGIES INC.
- **Address:** 627 DISTRIBUTION DR Ste D, MORRISVILLE, NC, 27560-0367
- **NAICS:** 336411
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $682K
- **Initial approval:** $682K
- **Forgiven:** $687K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $511K
- **Mortgage interest:** $85K
- **Utilities:** $85K
- **Jobs reported:** 68
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*