# PPP loan: PC SYSTEMS INC.
> **$245K** approved 02/18/2021 · Paid in Full · Loan `1050198505`
## Borrower
- **Name:** PC SYSTEMS INC.
- **Address:** 288 Servidea Dr, Ridgway, PA, 15853-6337
- **NAICS:** 335931
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 45
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*