# PPP loan: SYSTEMS ENTERPRISE CORPORATION
> **$475K** approved 04/15/2020 · Paid in Full · Loan `9536897100`
## Borrower
- **Name:** SYSTEMS ENTERPRISE CORPORATION
- **Address:** 204 INDUSTRIAL DR, MAZON, IL, 60444-6302
- **NAICS:** 326220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $481K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Jobs reported:** 18
## Lender
- **Originating:** Federated Bank
- **Servicing:** Federated Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*