# PPP loan: RESYNC INC.
> **$600K** approved 03/03/2021 · Charged Off · Loan `6220928506`
## Borrower
- **Name:** RESYNC INC.
- **Address:** 1 Larkin Plz Ste 4, Yonkers, NY, 10701-7082
- **NAICS:** 541611
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $538K (90%)
- **Forgiveness date:** 03/14/2023
- **Status:** Charged Off
- **Term:** 18 months
## Use of funds
- **Payroll:** $600K
- **Jobs reported:** 30
## Lender
- **Originating:** MBE Capital Partners
- **Servicing:** Lendistry-Federal Reserve (MBE) Contract (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*