# PPP loan: MATERIAL FLOW SYSTEMS INC
> **$271K** approved 04/09/2021 · Paid in Full · Loan `1063598800`
## Borrower
- **Name:** MATERIAL FLOW SYSTEMS INC
- **Address:** 2160 S Hellman Ave, Ontario, CA, 91761-7700
- **NAICS:** 333922
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $275K (102%)
- **Forgiveness date:** 11/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $271K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*