# PPP loan: POLLUX SYSTEMS, INC.
> **$497K** approved 04/06/2020 · Paid in Full · Loan `6333407002`
## Borrower
- **Name:** POLLUX SYSTEMS, INC.
- **Address:** 415 CROSSLAKE DR Suite C, EVANSVILLE, IN, 47715-8263
- **NAICS:** 541219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $497K
- **Initial approval:** $497K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $398K
- **Utilities:** $99K
- **Jobs reported:** 50
## Lender
- **Originating:** The Elberfeld State Bank
- **Servicing:** The Elberfeld State Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*