# PPP loan: RESOURCESYS INC
> **$442K** approved 04/15/2020 · Paid in Full · Loan `8737347101`
## Borrower
- **Name:** RESOURCESYS INC
- **Address:** 10294 Baltimore National Pike, Ellicott City, MD, 21042
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $442K
- **Initial approval:** $442K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Rent:** $2K
- **Utilities:** $350
- **Health care:** $15K
- **Jobs reported:** 26
## 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*