# PPP loan: GRIDLOCK TRAFFIC SYSTEMS, INC.
> **$472K** approved 04/13/2020 · Paid in Full · Loan `4530797101`
## Borrower
- **Name:** GRIDLOCK TRAFFIC SYSTEMS, INC.
- **Address:** 6400 Massachusetts Avenue, INDIANAPOLIS, IN, 46226-5644
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Jobs reported:** 32
## Lender
- **Originating:** CIBM Bank
- **Servicing:** CIBM Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*