# PPP loan: COMMUNICATION SYSTEMS INC
> **$298K** approved 04/15/2021 · Paid in Full · Loan `4140378802`
## Borrower
- **Name:** COMMUNICATION SYSTEMS INC
- **Address:** 44 Albion Rd Ste 101, Lincoln, RI, 02865-3748
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*