# PPP loan: OFFSHORE SYSTEMS INC
> **$755K** approved 04/28/2020 · Paid in Full · Loan `9874007203`
## Borrower
- **Name:** OFFSHORE SYSTEMS INC
- **Address:** 12019 76th Pl NE, KIRKLAND, WA, 98034
- **NAICS:** 423860
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $755K
- **Initial approval:** $755K
- **Forgiven:** $765K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $604K
- **Rent:** $38K
- **Utilities:** $113K
- **Jobs reported:** 50
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*