# PPP loan: IQ TOTAL SOURCE, LLC
> **$157K** approved 04/11/2020 · Paid in Full · Loan `3327887104`
## Borrower
- **Name:** IQ TOTAL SOURCE, LLC
- **Address:** 4500 S. Lakeshore Drive, Suite 400, Tempe, AZ, 85282-7007
- **NAICS:** 453210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Rent:** $33K
- **Utilities:** $11K
- **Jobs reported:** 16
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*