# PPP loan: SYSTEM TECHNOLOGIES INC.
> **$244K** approved 04/23/2021 · Paid in Full · Loan `8973548808`
## Borrower
- **Name:** SYSTEM TECHNOLOGIES INC.
- **Address:** 3190 N Mitthoefer Rd, Indianapolis, IN, 46235-2400
- **NAICS:** 541420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*