# PPP loan: INDUSTRIAL AUTOMATED SYSTEMS, INC.
> **$685K** approved 04/27/2020 · Paid in Full · Loan `4816987203`
## Borrower
- **Name:** INDUSTRIAL AUTOMATED SYSTEMS, INC.
- **Address:** 4189 DIXIE INN RD, WILSON, NC, 27893-9000
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $685K
- **Initial approval:** $685K
- **Forgiven:** $688K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $685K
- **Jobs reported:** 35
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*