# PPP loan: PANEL SYSTEMS, INC.
> **$662K** approved 04/15/2020 · Paid in Full · Loan `9958047103`
## Borrower
- **Name:** PANEL SYSTEMS, INC.
- **Address:** 14869 PERSISTENCE DR, WOODBRIDGE, VA, 22191
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $662K
- **Initial approval:** $662K
- **Forgiven:** $667K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $662K
- **Jobs reported:** 77
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*