# PPP loan: IMAGE PROCESSING SYSTEMS INC
> **$679K** approved 04/15/2020 · Paid in Full · Loan `1632777201`
## Borrower
- **Name:** IMAGE PROCESSING SYSTEMS INC
- **Address:** 150 Meadowlands Pkwy, SECAUCUS, NJ, 07094-2300
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $679K
- **Initial approval:** $679K
- **Forgiven:** $683K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $679K
- **Jobs reported:** 63
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*