# PPP loan: IBC CORP
> **$820K** approved 04/16/2021 · Paid in Full · Loan `4459928803`
## Borrower
- **Name:** IBC CORP
- **Address:** 27 Belmont St, South Easton, MA, 02375-1103
- **NAICS:** 331318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $820K
- **Initial approval:** $820K
- **Forgiven:** $829K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $820K
- **Utilities:** $1
- **Jobs reported:** 50
## 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*