# PPP loan: 4R SYSTEMS INC
> **$550K** approved 01/23/2021 · Paid in Full · Loan `4516248307`
## Borrower
- **Name:** 4R SYSTEMS INC
- **Address:** 801 Cassatt Rd Ste 202, Berwyn, PA, 19312-1179
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*