# PPP loan: IBC TRAFFIC, INC.
> **$466K** approved 04/04/2020 · Paid in Full · Loan `4926647000`
## Borrower
- **Name:** IBC TRAFFIC, INC.
- **Address:** 1213 W 8th Street, KANSAS CITY, MO, 64101-1211
- **NAICS:** 561990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $453K
- **Rent:** $11K
- **Utilities:** $2K
- **Jobs reported:** 31
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*