# PPP loan: INTERNATIONAL PURCHASE SYSTEMS INC.
> **$163K** approved 01/22/2021 · Paid in Full · Loan `4056008303`
## Borrower
- **Name:** INTERNATIONAL PURCHASE SYSTEMS INC.
- **Address:** 534 Furnace Dock Rd, Cortlandt Manor, NY, 10567-6219
- **NAICS:** 425120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (102%)
- **Forgiveness date:** 08/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*