# PPP loan: L-1 STANDARDS AND TECHNOLOGY, INC.
> **$164K** approved 04/14/2020 · Paid in Full · Loan `7991087107`
## Borrower
- **Name:** L-1 STANDARDS AND TECHNOLOGY, INC.
- **Address:** 10364 Battleview Parkway, Manassas, VA, 20109
- **NAICS:** 334515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $21K
- **Health care:** $19K
- **Jobs reported:** 10
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*