# PPP loan: ION GEOPHYSICAL CORPORATION
> **$6.92M** approved 04/08/2020 · Paid in Full · Loan `7973957006`
## Borrower
- **Name:** ION GEOPHYSICAL CORPORATION
- **Address:** 2105 CITYWEST BLVD Ste 400, HOUSTON, TX, 77042-2827
- **NAICS:** 541360
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.92M
- **Initial approval:** $6.92M
- **Forgiven:** $7.01M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.92M
- **Jobs reported:** 250
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*