# PPP loan: J2 SYSTEMS INC
> **$150K** approved 01/30/2021 · Paid in Full · Loan `9459488304`
## Borrower
- **Name:** J2 SYSTEMS INC
- **Address:** 46807 Garfield Rd, Macomb, MI, 48044-5225
- **NAICS:** 541219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $138K (92%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 5
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*