# PPP loan: WORKSYSTEMS INC.
> **$783K** approved 07/30/2020 · Paid in Full · Loan `1452758205`
## Borrower
- **Name:** WORKSYSTEMS INC.
- **Address:** 1618 SW 1st Ave., PORTLAND, OR, 97201-5704
- **NAICS:** 561311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $783K
- **Initial approval:** $783K
- **Forgiven:** $790K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $783K
- **Jobs reported:** 133
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*