# PPP loan: INTELLIGENT OPTICAL SYSTEMS, INC.
> **$505K** approved 04/09/2020 · Exemption 4 · Loan `9827477005`
## Borrower
- **Name:** INTELLIGENT OPTICAL SYSTEMS, INC.
- **Address:** 2520 237TH ST, TORRANCE, CA, 90505-5217
- **NAICS:** 541715
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 30
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*