# PPP loan: WGS SYSTEMS, LLC
> **$405K** approved 03/04/2021 · Paid in Full · Loan `6977118501`
## Borrower
- **Name:** WGS SYSTEMS, LLC
- **Address:** 7340 Executive Way Ste A, Frederick, MD, 21704-9405
- **NAICS:** 334511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $405K
- **Jobs reported:** 19
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*