# PPP loan: IAQ SYSTEMS INC
> **$369K** approved 04/28/2020 · Paid in Full · Loan `8139367205`
## Borrower
- **Name:** IAQ SYSTEMS INC
- **Address:** 12 Reinman Road, Warren, NJ, 07059
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $375K (102%)
- **Forgiveness date:** 02/07/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $369K
- **Jobs reported:** 10
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*