# PPP loan: EVOTECH LLC
> **$216K** approved 04/27/2020 · Paid in Full · Loan `6246307205`
## Borrower
- **Name:** EVOTECH LLC
- **Address:** 9658 Baltimore Avenue 300, College Park, MD, 20740-1346
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Rent:** $36K
- **Utilities:** $3K
- **Jobs reported:** 15
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*