# PPP loan: DDM SYSTEMS INC.
> **$240K** approved 04/21/2021 · Charged Off · Loan `7363478809`
## Borrower
- **Name:** DDM SYSTEMS INC.
- **Address:** 1876 Defoor Ave NW Ste 3, Atlanta, GA, 30318-3000
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $199K (83%)
- **Forgiveness date:** 09/15/2022
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 11
## 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*