# PPP loan: LIFT SYSTEMS INC.
> **$578K** approved 02/19/2021 · Paid in Full · Loan `1492588501`
## Borrower
- **Name:** LIFT SYSTEMS INC.
- **Address:** 1505 7th St, East Moline, IL, 61244-2112
- **NAICS:** 333923
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $578K
- **Initial approval:** $578K
- **Forgiven:** $580K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $578K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*