# PPP loan: IMBIBE LLC
> **$499K** approved 02/10/2021 · Paid in Full · Loan `6284818409`
## Borrower
- **Name:** IMBIBE LLC
- **Address:** 216 E Washington St, Ann Arbor, MI, 48104-2008
- **NAICS:** 722330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 06/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $499K
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*