# PPP loan: IBER CONSTRUCTION INC
> **$326K** approved 04/06/2020 · Paid in Full · Loan `5779137004`
## Borrower
- **Name:** IBER CONSTRUCTION INC
- **Address:** 7800 N STEMMONS FWY STE 360, DALLAS, TX, 75247-4209
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $41K
- **Utilities:** $41K
- **Jobs reported:** 38
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*