# PPP loan: I-FE APPAREL, INC.
> **$162K** approved 04/06/2020 · Paid in Full · Loan `6292327005`
## Borrower
- **Name:** I-FE APPAREL, INC.
- **Address:** 12 HORIZON BLVD., SOUTH HACKENSACK, NJ, 07606-1804
- **NAICS:** 424320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $38K
- **Utilities:** $2K
- **Jobs reported:** 13
## Lender
- **Originating:** Shinhan Bank America
- **Servicing:** Shinhan Bank America (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*