# PPP loan: INTEGRATED POWER DESIGNS INC.
> **$695K** approved 01/20/2021 · Paid in Full · Loan `2390658306`
## Borrower
- **Name:** INTEGRATED POWER DESIGNS INC.
- **Address:** 300 Stewart Rd, Hanover Township, PA, 18706-1459
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $695K
- **Initial approval:** $695K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $695K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*