# PPP loan: INCREDIBLE CONCEPTS INC.
> **$1.23M** approved 04/15/2020 · Paid in Full · Loan `8003707103`
## Borrower
- **Name:** INCREDIBLE CONCEPTS INC.
- **Address:** 22342 Avenida Empresa 220, Rancho Santa Margarita, CA, 92688
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.49M
- **Forgiven:** $905K (74%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 427
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*