# PPP loan: SYSTEM SCALE CORPORATION
> **$1.56M** approved 04/13/2020 · Paid in Full · Loan `5246777103`
## Borrower
- **Name:** SYSTEM SCALE CORPORATION
- **Address:** 4393 West 96th Street, INDIANAPOLIS, IN, 46268-3175
- **NAICS:** 423840
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.58M (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.36M
- **Rent:** $53K
- **Utilities:** $44K
- **Health care:** $102K
- **Jobs reported:** 103
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*