# PPP loan: INDUSTRIAL ELECTRONICS SYSTEMS INC
> **$526K** approved 04/30/2020 · Paid in Full · Loan `5668947302`
## Borrower
- **Name:** INDUSTRIAL ELECTRONICS SYSTEMS INC
- **Address:** 3250 Monier Circle F, Rancho Cordova, CA, 95742
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Jobs reported:** 27
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*