# PPP loan: ENERGY TECH SYSTEMS, INC.
> **$658K** approved 04/07/2020 · Paid in Full · Loan `7013867006`
## Borrower
- **Name:** ENERGY TECH SYSTEMS, INC.
- **Address:** 1422 East Broadway Avenue, BISMARCK, ND, 58501-4664
- **NAICS:** 541513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $658K
- **Initial approval:** $658K
- **Forgiven:** $662K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $658K
- **Jobs reported:** 41
## Lender
- **Originating:** CIBM Bank
- **Servicing:** CIBM Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*