# PPP loan: IBCTX, LLC
> **$475K** approved 04/05/2020 · Paid in Full · Loan `5393737004`
## Borrower
- **Name:** IBCTX, LLC
- **Address:** 507 Main ST STE B, LAKE DALLAS, TX, 75065-2878
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $479K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Jobs reported:** 39
## Lender
- **Originating:** Hills Bank and Trust Company
- **Servicing:** Hills Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*