# PPP loan: NYBORG SYSTEMS, INC.
> **$169K** approved 04/08/2020 · Paid in Full · Loan `8732827006`
## Borrower
- **Name:** NYBORG SYSTEMS, INC.
- **Address:** 435 12th St SW, VERNON, AL, 35592-5142
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 15
## Lender
- **Originating:** The Bank of Vernon
- **Servicing:** The Bank of Vernon (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*