# PPP loan: ION 4 GROUP
> **$250K** approved 01/25/2021 · Paid in Full · Loan `5295688310`
## Borrower
- **Name:** ION 4 GROUP
- **Address:** 1310 Highway 96 E Ste 220, White Bear Lake, MN, 55110-3619
- **NAICS:** 238190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*