# PPP loan: IG BURTON OF SMYRNA, INC.
> **$346K** approved 04/09/2020 · Paid in Full · Loan `1007377106`
## Borrower
- **Name:** IG BURTON OF SMYRNA, INC.
- **Address:** 793 BAY ROAD 0.0, MILFORD, DE, 19963-1307
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Rent:** $70K
- **Utilities:** $12K
- **Health care:** $16K
- **Debt interest:** $46K
- **Jobs reported:** 33
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*