# PPP loan: OLMEC SYSTEMS INC
> **$755K** approved 04/14/2020 · Paid in Full · Loan `6479467110`
## Borrower
- **Name:** OLMEC SYSTEMS INC
- **Address:** 85 Bloomfield Ave, DENVILLE, NJ, 07834
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $755K
- **Initial approval:** $755K
- **Forgiven:** $759K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $755K
- **Jobs reported:** 48
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*