# PPP loan: IBC CORP
> **$823K** approved 04/13/2020 · Paid in Full · Loan `4282527101`
## Borrower
- **Name:** IBC CORP
- **Address:** 27 BELMONT ST, SOUTH EASTON, MA, 02375-1103
- **NAICS:** 331318
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $823K
- **Initial approval:** $823K
- **Forgiven:** $833K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $823K
- **Jobs reported:** 59
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*