# PPP loan: INSURANCE LICENSING SERVICES OF AMERICA INC
> **$389K** approved 04/15/2020 · Paid in Full · Loan `1732547210`
## Borrower
- **Name:** INSURANCE LICENSING SERVICES OF AMERICA INC
- **Address:** 111 N. RAILROAD ST, GROESBECK, TX, 76642-1343
- **NAICS:** 926150
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Utilities:** $78K
- **Jobs reported:** 53
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*