# PPP loan: MAVEN ENGINEERING CORPORATION
> **$304K** approved 04/07/2020 · Paid in Full · Loan `7647997001`
## Borrower
- **Name:** MAVEN ENGINEERING CORPORATION
- **Address:** 15946 Derwood Road, DERWOOD, MD, 20855-2123
- **NAICS:** 423860
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $276K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Jobs reported:** 26
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*