# PPP loan: COHERENT TECHNICAL SERVICES, INC
> **$2.41M** approved 04/30/2020 · Exemption 4 · Loan `6241017300`
## Borrower
- **Name:** COHERENT TECHNICAL SERVICES, INC
- **Address:** 46561 Expedition Drive, Lexington Park, MD, 20653
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.41M
- **Initial approval:** $2.41M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.41M
- **Jobs reported:** 155
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*