# PPP loan: SYSTEM AUTOMATION CORPORATION
> **$687K** approved 04/14/2020 · Paid in Full · Loan `7303837104`
## Borrower
- **Name:** SYSTEM AUTOMATION CORPORATION
- **Address:** 7110 SAMUEL MORSE DR ste 100, COLUMBIA, MD, 21046-3436
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $687K
- **Initial approval:** $687K
- **Forgiven:** $694K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $687K
- **Jobs reported:** 35
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*