# PPP loan: INDUSTRIAL SYSTEMS INC
> **$172K** approved 04/27/2020 · Paid in Full · Loan `5602337206`
## Borrower
- **Name:** INDUSTRIAL SYSTEMS INC
- **Address:** 12119 Northeast 99th Street, Suite 2090, VANCOUVER, WA, 98682-2461
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 14
## Lender
- **Originating:** Fibre FCU
- **Servicing:** Fibre FCU (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*