# PPP loan: IE DISTRIBUTION SERVICES, LLC
> **$262K** approved 04/10/2020 · Paid in Full · Loan `1595147102`
## Borrower
- **Name:** IE DISTRIBUTION SERVICES, LLC
- **Address:** 12813 FAIRLANE ST, LIVONIA, MI, 48150-1328
- **NAICS:** 442110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Mortgage interest:** $52K
- **Jobs reported:** 46
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*