# PPP loan: IP 1 LLC
> **$2.00M** approved 02/27/2021 · Paid in Full · Loan `5483558510`
## Borrower
- **Name:** IP 1 LLC
- **Address:** 10 Wailea Gateway Pl Unit B-201, Kihei, HI, 96753-6527
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Central Pacific Bank
- **Servicing:** Central Pacific Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*