# PPP loan: IMPACT OUTSOURCING SOLUTIONS INC
> **$418K** approved 04/08/2020 · Paid in Full · Loan `8031557005`
## Borrower
- **Name:** IMPACT OUTSOURCING SOLUTIONS INC
- **Address:** 300 Wilson Rd. Bulding 800, GRIFFIN, GA, 30224-4555
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $420K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Rent:** $25K
- **Mortgage interest:** $10K
- **Utilities:** $28K
- **Jobs reported:** 36
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*