# PPP loan: ISLAND LIGHTING AND POWER SYSTEMS, INC.
> **$545K** approved 01/28/2021 · Paid in Full · Loan `7723938309`
## Borrower
- **Name:** ISLAND LIGHTING AND POWER SYSTEMS, INC.
- **Address:** 14 Shire Dr, Norfolk, MA, 02056-1580
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $551K (101%)
- **Forgiveness date:** 03/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $545K
- **Jobs reported:** 24
## Lender
- **Originating:** Walpole Co-Operative Bank
- **Servicing:** Walpole Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*