# PPP loan: I & B ASSOCIATES, INC.
> **$155K** approved 03/05/2021 · Paid in Full · Loan `7053648501`
## Borrower
- **Name:** I & B ASSOCIATES, INC.
- **Address:** 6925 4th St NW Unit 201, Washington, DC, 20012-1952
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 9
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*