# PPP loan: MSA SYSTEMS INC
> **$776K** approved 04/30/2020 · Paid in Full · Loan `5856787310`
## Borrower
- **Name:** MSA SYSTEMS INC
- **Address:** 1340 SOUTH DE ANZA BLVD SUITE 103, SAN JOSE, CA, 95129
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $776K
- **Initial approval:** $776K
- **Forgiven:** $785K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $738K
- **Rent:** $39K
- **Jobs reported:** 27
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*