# PPP loan: IKON SOFTWARE SERVICES, LLC
> **$235K** approved 04/11/2020 · Paid in Full · Loan `2627317105`
## Borrower
- **Name:** IKON SOFTWARE SERVICES, LLC
- **Address:** 38345 W Ten Mile Road - Suite 255, Farmington Hills, MI, 48335-2805
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 16
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*