# PPP loan: SUMARIA SYSTEMS, INC.
> **$6.76M** approved 04/14/2020 · Paid in Full · Loan `7998597110`
## Borrower
- **Name:** SUMARIA SYSTEMS, INC.
- **Address:** 99 Rosewood Drive 140, Danvers, MA, 01923
- **NAICS:** 921190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.76M
- **Initial approval:** $6.76M
- **Forgiven:** $4.05M (60%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.76M
- **Jobs reported:** 412
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*