# PPP loan: ARGO SYSTEMS, LLC
> **$3.04M** approved 04/08/2020 · Exemption 4 · Loan `8212967009`
## Borrower
- **Name:** ARGO SYSTEMS, LLC
- **Address:** 1362 MELLON RD STE 100, HANOVER, MD, 21076-3191
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.04M
- **Initial approval:** $2.92M
- **Forgiven:** $2.67M (88%)
- **Forgiveness date:** 03/10/2022
- **Status:** Exemption 4
- **Term:** 35 months
## Use of funds
- **Payroll:** $3.04M
- **Jobs reported:** 155
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*