# PPP loan: ILINGO2.COM, INC.
> **$491K** approved 05/01/2020 · Paid in Full · Loan `1390807705`
## Borrower
- **Name:** ILINGO2.COM, INC.
- **Address:** 2443 Impala Drive B, CARLSBAD, CA, 92010
- **NAICS:** 524113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $393K
- **Rent:** $49K
- **Utilities:** $4K
- **Health care:** $45K
- **Jobs reported:** 36
## 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*