# PPP loan: VIDSYS INC
> **$525K** approved 04/30/2020 · Paid in Full · Loan `6558847300`
## Borrower
- **Name:** VIDSYS INC
- **Address:** 8219 Leesburg Pike Ste 250, Vienna, VA, 22182
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $532K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $458K
- **Mortgage interest:** $63K
- **Utilities:** $4K
- **Jobs reported:** 48
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*