# PPP loan: STRATEGIC PAYMENT SYSTEMS, INC
> **$255K** approved 04/10/2020 · Paid in Full · Loan `2566827100`
## Borrower
- **Name:** STRATEGIC PAYMENT SYSTEMS, INC
- **Address:** 45 DAN ROAD SUITE 100, CANTON, MA, 02021-2817
- **NAICS:** 522320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $239K (94%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Jobs reported:** 13
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*