# PPP loan: I A L INC.
> **$611K** approved 04/09/2020 · Paid in Full · Loan `1059077101`
## Borrower
- **Name:** I A L INC.
- **Address:** 12211 Nebel Street, ROCKVILLE, MD, 20852-2613
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Rent:** $45K
- **Utilities:** $7K
- **Jobs reported:** 47
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*