# PPP loan: INNOVATIVE BEDDING SOLUTIONS INC
> **$462K** approved 04/28/2020 · Paid in Full · Loan `6344177207`
## Borrower
- **Name:** INNOVATIVE BEDDING SOLUTIONS INC
- **Address:** 6450 Caballero Blvd, Buena Park, CA, 90620-1007
- **NAICS:** 423220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Mortgage interest:** $92K
- **Jobs reported:** 31
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*