# PPP loan: IDENTITY WORKS INC
> **$250K** approved 04/03/2020 · Paid in Full · Loan `4422877006`
## Borrower
- **Name:** IDENTITY WORKS INC
- **Address:** 920 INDUSTRIAL DRIVE, WEST SALEM, WI, 54669-1652
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $219K (88%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $40K
- **Utilities:** $8K
- **Debt interest:** $2K
- **Jobs reported:** 26
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*