# PPP loan: IPSUN POWER, INC
> **$285K** approved 04/04/2020 · Paid in Full · Loan `4648557007`
## Borrower
- **Name:** IPSUN POWER, INC
- **Address:** 9504 POPLAR LEAF CT, FAIRFAX, VA, 22031-1150
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $319K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 34
## Lender
- **Originating:** MainStreet Bank
- **Servicing:** MainStreet Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*