# PPP loan: ION CORPORATION
> **$619K** approved 02/09/2021 · Paid in Full · Loan `5637518404`
## Borrower
- **Name:** ION CORPORATION
- **Address:** 7500 Equitable Dr, Eden Prairie, MN, 55344-3673
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $619K
- **Initial approval:** $619K
- **Forgiven:** $622K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $619K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Metropolitan Economic Development Association
- **Servicing:** Metropolitan Economic Development Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*