# PPP loan: ALGORITHM, INC.
> **$235K** approved 04/28/2020 · Paid in Full · Loan `8092937201`
## Borrower
- **Name:** ALGORITHM, INC.
- **Address:** 3949 PENDER DR, FAIRFAX, VA, 22030-6033
- **NAICS:** 541690
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Jobs reported:** 16
## Lender
- **Originating:** The Freedom Bank of Virginia
- **Servicing:** The Freedom Bank of Virginia (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*