# PPP loan: IRB MEDICAL EQUIPMENT, LLC
> **$2.67M** approved 06/26/2020 · Paid in Full · Loan `4949848000`
## Borrower
- **Name:** IRB MEDICAL EQUIPMENT, LLC
- **Address:** Health Prk Blvd, Ste B 0.0, Grand Blanc, MI, 48439-7324
- **NAICS:** 446199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.67M
- **Initial approval:** $2.67M
- **Forgiven:** $2.70M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.94M
- **Rent:** $300K
- **Utilities:** $19K
- **Health care:** $418K
- **Jobs reported:** 280
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*