# PPP loan: IVA LEE'S, INC.
> **$167K** approved 04/28/2020 · Paid in Full · Loan `6785937205`
## Borrower
- **Name:** IVA LEE'S, INC.
- **Address:** 555 N. El Camino Real, Ste. E, San Clemente, CA, 92672-6745
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 44
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*