# PPP loan: C&S SYSTEMS INC
> **$166K** approved 04/04/2020 · Paid in Full · Loan `4786257009`
## Borrower
- **Name:** C&S SYSTEMS INC
- **Address:** 709 MAIN ST, RED WING, MN, 55066-2228
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Rent:** $18K
- **Utilities:** $10K
- **Jobs reported:** 34
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*