# PPP loan: IVC SOUTH, LLC
> **$283K** approved 04/11/2020 · Paid in Full · Loan `3395627109`
## Borrower
- **Name:** IVC SOUTH, LLC
- **Address:** 10936 MARTIN STREET, BALCH SPRINGS, TX, 75180-1043
- **NAICS:** 331513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $18K
- **Mortgage interest:** $18K
- **Utilities:** $18K
- **Health care:** $18K
- **Jobs reported:** 23
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*