# PPP loan: MTS SOFTWARE SOLUTIONS, INC.
> **$766K** approved 04/15/2020 · Paid in Full · Loan `9730277106`
## Borrower
- **Name:** MTS SOFTWARE SOLUTIONS, INC.
- **Address:** 225 Executive Drive Suite 4, Moorestown, NJ, 08057
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $766K
- **Initial approval:** $766K
- **Forgiven:** $771K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Rent:** $64K
- **Utilities:** $64K
- **Debt interest:** $64K
- **Jobs reported:** 52
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*