# PPP loan: ALLIED SYSTEMS INC
> **$436K** approved 01/30/2021 · Paid in Full · Loan `8731508303`
## Borrower
- **Name:** ALLIED SYSTEMS INC
- **Address:** 11680 S Harrells Ferry Rd, Baton Rouge, LA, 70816-2362
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $440K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $436K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*