# PPP loan: INTERNET BUSINESS STRATEGIES INC.
> **$463K** approved 01/22/2021 · Paid in Full · Loan `3386278301`
## Borrower
- **Name:** INTERNET BUSINESS STRATEGIES INC.
- **Address:** 12319 Ocean Gtwy Ste 202, Ocean City, MD, 21842-9597
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $468K (101%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $463K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*