# PPP loan: SYSTEMS SOLUTIONS OF PADUCAH INC.
> **$420K** approved 02/12/2021 · Paid in Full · Loan `7940648410`
## Borrower
- **Name:** SYSTEMS SOLUTIONS OF PADUCAH INC.
- **Address:** 110 Carlisle Ct, Paducah, KY, 42001-9064
- **NAICS:** 443142
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $420K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Independence Bank of Kentucky
- **Servicing:** Independence Bank of Kentucky (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*