# PPP loan: INSYTE SYSTEMS, INC.
> **$421K** approved 05/01/2020 · Paid in Full · Loan `7097227706`
## Borrower
- **Name:** INSYTE SYSTEMS, INC.
- **Address:** 556 STEWART MCKAY, TRUCKEE, CA, 96161-5168
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $421K
- **Initial approval:** $496K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Jobs reported:** 21
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*