# PPP loan: POSDATA GROUP, INC.
> **$525K** approved 04/28/2020 · Paid in Full · Loan `9239517204`
## Borrower
- **Name:** POSDATA GROUP, INC.
- **Address:** 5775 Soundview Dr. Ste 101E, Gig Harbor, WA, 98335
- **NAICS:** 423430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $512K (97%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Mortgage interest:** $49K
- **Utilities:** $16K
- **Jobs reported:** 49
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*