# PPP loan: IHC, LTD.
> **$669K** approved 04/28/2020 · Paid in Full · Loan `7790897205`
## Borrower
- **Name:** IHC, LTD.
- **Address:** 5705 THURSTON AVENUE SUITE 102, VIRGINIA BEACH, VA, 23455-3336
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $669K
- **Initial approval:** $669K
- **Forgiven:** $675K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $669K
- **Jobs reported:** 28
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*