# PPP loan: BUSINESS SYSTEM SOLUTIONS, INC
> **$224K** approved 04/06/2020 · Paid in Full · Loan `5832207001`
## Borrower
- **Name:** BUSINESS SYSTEM SOLUTIONS, INC
- **Address:** 2590 Kull Rd, LANCASTER, OH, 43130-7709
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $64K
- **Jobs reported:** 20
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*