# PPP loan: SPINDUSTRY SYSTEMS, INC
> **$455K** approved 04/11/2020 · Paid in Full · Loan `2829877107`
## Borrower
- **Name:** SPINDUSTRY SYSTEMS, INC
- **Address:** 1307 NW 114th Street, Suite #300, CLIVE, IA, 50325-7066
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Jobs reported:** 18
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*