# PPP loan: AMERICAN IR SOLUTIONS
> **$164K** approved 05/22/2020 · Paid in Full · Loan `2050217801`
## Borrower
- **Name:** AMERICAN IR SOLUTIONS
- **Address:** 1 WALL ST, HUDSON, NH, 03051-3955
- **NAICS:** 334310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Mortgage interest:** $21K
- **Utilities:** $21K
- **Jobs reported:** 12
## Lender
- **Originating:** Pentucket Bank
- **Servicing:** Pentucket Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*