# PPP loan: INNOVATIVE TIMING SYSTEMS, LLC
> **$215K** approved 04/29/2020 · Paid in Full · Loan `2271227307`
## Borrower
- **Name:** INNOVATIVE TIMING SYSTEMS, LLC
- **Address:** Innovative Timing Systems, LLC, SAINT LOUIS, MO, 63146
- **NAICS:** 334519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $215K
- **Initial approval:** $216K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $54K
- **Jobs reported:** 18
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*