# PPP loan: SIERRA SYSTEMS, INC.
> **$248K** approved 04/13/2020 · Paid in Full · Loan `4755487103`
## Borrower
- **Name:** SIERRA SYSTEMS, INC.
- **Address:** 8600 W BRYN MAWR AVE STE 540N, CHICAGO, IL, 60631-3502
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $284K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 31
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*