# PPP loan: IB CORPORATION
> **$1.56M** approved 04/16/2021 · Paid in Full · Loan `4867908807`
## Borrower
- **Name:** IB CORPORATION
- **Address:** 8708 Carter Rd, Freeland, MI, 48623-8679
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.56M
- **Jobs reported:** 230
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*