# PPP loan: IES SYSTEMS, INC.
> **$956K** approved 04/08/2020 · Paid in Full · Loan `7820237001`
## Borrower
- **Name:** IES SYSTEMS, INC.
- **Address:** 464 LISBON ST, CANFIELD, OH, 44406-1423
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $956K
- **Initial approval:** $956K
- **Forgiven:** $966K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $956K
- **Jobs reported:** 31
## Lender
- **Originating:** The Farmers National Bank of Canfield
- **Servicing:** The Farmers National Bank of Canfield (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*