# PPP loan: IMCS GROUP INC.
> **$2.33M** approved 04/27/2020 · Paid in Full · Loan `6063647210`
## Borrower
- **Name:** IMCS GROUP INC.
- **Address:** 9901 E Valley Ranch Pkwy. Ste 3020, Irving, TX, 75063
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.33M
- **Initial approval:** $2.33M
- **Forgiven:** $2.36M (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.75M
- **Rent:** $349K
- **Utilities:** $233K
- **Jobs reported:** 158
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*