# PPP loan: IDENTIFICATION SYSTEMS INC
> **$243K** approved 04/22/2021 · Paid in Full · Loan `7711008805`
## Borrower
- **Name:** IDENTIFICATION SYSTEMS INC
- **Address:** 1324 Stimmel Rd, Columbus, OH, 43223-2917
- **NAICS:** 323113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 05/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** WebBank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*