# PPP loan: CADD MICROSYSTEMS INC.
> **$850K** approved 03/24/2021 · Paid in Full · Loan `8007838601`
## Borrower
- **Name:** CADD MICROSYSTEMS INC.
- **Address:** 6361 Walker Ln Ste 400, Alexandria, VA, 22310-3280
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $850K
- **Forgiven:** $854K (100%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $850K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** The National Capital Bank of Washington
- **Servicing:** The National Capital Bank of Washington (DC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*