# PPP loan: NSI NEAL SYSTEMS INC
> **$553K** approved 04/14/2020 · Paid in Full · Loan `7438917101`
## Borrower
- **Name:** NSI NEAL SYSTEMS INC
- **Address:** 122 TERRY DR, NEWTOWN, PA, 18940-1851
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $553K
- **Jobs reported:** 38
## 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*