# PPP loan: INDUSTRIAL POWER SYSTEMS, LLC
> **$257K** approved 04/28/2020 · Paid in Full · Loan `8679067210`
## Borrower
- **Name:** INDUSTRIAL POWER SYSTEMS, LLC
- **Address:** 5151 Old Salem Road NE, ALBANY, OR, 97321
- **NAICS:** 423810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 18
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*