# PPP loan: SCIENTIFIC SYSTEMS COMPANY INC.
> **$1.77M** approved 04/06/2020 · Paid in Full · Loan `6358977005`
## Borrower
- **Name:** SCIENTIFIC SYSTEMS COMPANY INC.
- **Address:** 500 W CUMMINGS PARK STE 3000, WOBURN, MA, 01801-0082
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.79M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Rent:** $442K
- **Jobs reported:** 76
## Lender
- **Originating:** Leader Bank, National Association
- **Servicing:** Leader Bank, National Association (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*