# PPP loan: VALIDATEK, INC.
> **$5.51M** approved 04/14/2020 · Paid in Full · Loan `7191077106`
## Borrower
- **Name:** VALIDATEK, INC.
- **Address:** 1660 International Drive, Ste 400, McLean, VA, 22102
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $5.51M
- **Initial approval:** $5.51M
- **Forgiven:** $5.58M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.51M
- **Jobs reported:** 244
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*