# PPP loan: INSTITUTIONAL PRODUCTS LLC
> **$197K** approved 03/08/2021 · Paid in Full · Loan `8090478502`
## Borrower
- **Name:** INSTITUTIONAL PRODUCTS LLC
- **Address:** 230 Cynthia Loop NW Ste C, Albuquerque, NM, 87114-2215
- **NAICS:** 238350
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*