# PPP loan: AMS TECHNOLOGIES, LLC
> **$221K** approved 04/15/2020 · Exemption 4 · Loan `8219607107`
## Borrower
- **Name:** AMS TECHNOLOGIES, LLC
- **Address:** 5239 Harvey Lane, Ellicott City, MD, 21043
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $161K (73%)
- **Forgiveness date:** 08/12/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $214K
- **Rent:** $900
- **Health care:** $4K
- **Debt interest:** $2K
- **Jobs reported:** 13
## 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*