# PPP loan: WORD SYSTEMS, LLC
> **$566K** approved 04/07/2020 · Paid in Full · Loan `7030567001`
## Borrower
- **Name:** WORD SYSTEMS, LLC
- **Address:** 9045 RIVER RD STE 125, INDIANAPOLIS, IN, 46240-0090
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $566K
- **Initial approval:** $566K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $566K
- **Jobs reported:** 41
## Lender
- **Originating:** Merchants Bank of Indiana
- **Servicing:** Merchants Bank of Indiana (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*