# PPP loan: CYNOSOFT SOLUTIONS INC
> **$387K** approved 07/27/2020 · Paid in Full · Loan `8768628101`
## Borrower
- **Name:** CYNOSOFT SOLUTIONS INC
- **Address:** 239 NEW RD STE A105, PARSIPPANY, NJ, 07054-0232
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $387K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*