# PPP loan: ISLAND LIGHTING AND POWER SYSTEMS, INC.
> **$518K** approved 04/04/2020 · Paid in Full · Loan `4892157007`
## Borrower
- **Name:** ISLAND LIGHTING AND POWER SYSTEMS, INC.
- **Address:** 14 Shire Drive, NORFOLK, MA, 02056-1580
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $518K
- **Jobs reported:** 26
## Lender
- **Originating:** Walpole Co-Operative Bank
- **Servicing:** Walpole Co-Operative Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*