# PPP loan: INFOSYSTEMS, INC.
> **$798K** approved 04/08/2020 · Paid in Full · Loan `7724307009`
## Borrower
- **Name:** INFOSYSTEMS, INC.
- **Address:** 1317 Hickory Valley Rd., CHATTANOOGA, TN, 37421-5604
- **NAICS:** 423430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $798K
- **Initial approval:** $798K
- **Forgiven:** $804K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $798K
- **Jobs reported:** 48
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*