# PPP loan: IB BUILDERS INC
> **$150K** approved 02/26/2021 · Paid in Full · Loan `4604198501`
## Borrower
- **Name:** IB BUILDERS INC
- **Address:** 6421 Deans St, Bailey, NC, 27807-8947
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Benworth Capital
- **Servicing:** Benworth Capital (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*