# PPP loan: ELECTRIC POWER SYSTEMS, INC
> **$881K** approved 04/14/2020 · Paid in Full · Loan `6953967105`
## Borrower
- **Name:** ELECTRIC POWER SYSTEMS, INC
- **Address:** 500 W 2850 N, LOGAN, UT, 84341
- **NAICS:** 334515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $881K
- **Initial approval:** $881K
- **Forgiven:** $898K (102%)
- **Forgiveness date:** 04/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $881K
- **Jobs reported:** 74
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*