# PPP loan: IVI SOUTH, INC.
> **$427K** approved 04/13/2020 · Paid in Full · Loan `4503727107`
## Borrower
- **Name:** IVI SOUTH, INC.
- **Address:** W6395 SPECIALTY DR, GREENVILLE, WI, 54942-8025
- **NAICS:** 331210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $342K
- **Mortgage interest:** $43K
- **Utilities:** $43K
- **Jobs reported:** 30
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*