# PPP loan: IVS INTERNATIONAL INC
> **$1.31M** approved 04/07/2020 · Paid in Full · Loan `7499897003`
## Borrower
- **Name:** IVS INTERNATIONAL INC
- **Address:** 3241 BENCHMARK DRIVE, LADSON, SC, 29456-3862
- **NAICS:** 336211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Rent:** $80K
- **Utilities:** $50K
- **Debt interest:** $60K
- **Jobs reported:** 98
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*