# PPP loan: IMA DESIGN GROUP INC.
> **$495K** approved 01/27/2021 · Paid in Full · Loan `7085338300`
## Borrower
- **Name:** IMA DESIGN GROUP INC.
- **Address:** 5281 California Ave Ste 350, Irvine, CA, 92617-3234
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $495K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*