# PPP loan: IVA LEE'S INC
> **$230K** approved 02/05/2021 · Paid in Full · Loan `3434298400`
## Borrower
- **Name:** IVA LEE'S INC
- **Address:** 555 N El Camino Real Ste E, San Clemente, CA, 92672-6745
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $230K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*