# PPP loan: AK SYSTEMS INC
> **$175K** approved 03/17/2021 · Paid in Full · Loan `3783548608`
## Borrower
- **Name:** AK SYSTEMS INC
- **Address:** 666 Plainsboro Rd Ste 1171, Plainsboro, NJ, 08536-3036
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $179K (102%)
- **Forgiveness date:** 05/18/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*