# PPP loan: IP DATASYSTEMS, INC.
> **$716K** approved 04/29/2020 · Paid in Full · Loan `3055247302`
## Borrower
- **Name:** IP DATASYSTEMS, INC.
- **Address:** 6021 UNIVERSITY BLVD STE 420, ELLICOTT CITY, MD, 21043-6114
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $716K
- **Jobs reported:** 37
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*