# PPP loan: FOUNDATION SYSTEMS INC
> **$245K** approved 04/13/2020 · Paid in Full · Loan `5433127102`
## Borrower
- **Name:** FOUNDATION SYSTEMS INC
- **Address:** 890 East 700 North, AMERICAN FORK, UT, 84003-1321
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $249K (102%)
- **Forgiveness date:** 10/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 16
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*