# PPP loan: ION ART INC.
> **$238K** approved 04/06/2020 · Paid in Full · Loan `5889817008`
## Borrower
- **Name:** ION ART INC.
- **Address:** 407 Radam Lane, AUSTIN, TX, 78745-1113
- **NAICS:** 339950
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 38
## Lender
- **Originating:** Horizon Bank SSB
- **Servicing:** Horizon Bank SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*