# PPP loan: I Q SYSTEMS, INC.
> **$476K** approved 02/08/2021 · Paid in Full · Loan `5367528406`
## Borrower
- **Name:** I Q SYSTEMS, INC.
- **Address:** 560 Broadhollow Rd Ste 313, Melville, NY, 11747-3702
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $476K
- **Initial approval:** $476K
- **Forgiven:** $479K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $476K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*