# PPP loan: IPS-ENERGY USA, INC.
> **$187K** approved 05/11/2020 · Paid in Full · Loan `4743967402`
## Borrower
- **Name:** IPS-ENERGY USA, INC.
- **Address:** 5 N. Baldwin Street, BARGERSVILLE, IN, 46106-9606
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Rent:** $4K
- **Utilities:** $1K
- **Health care:** $23K
- **Jobs reported:** 7
## Lender
- **Originating:** Home Bank, SB
- **Servicing:** Home Bank, SB (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*