# PPP loan: I.B.A.M., INC.
> **$534K** approved 04/08/2020 · Paid in Full · Loan `8091577002`
## Borrower
- **Name:** I.B.A.M., INC.
- **Address:** 1293 E  1ST AVE, CHICO, CA, 95926-1548
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $534K
- **Initial approval:** $534K
- **Forgiven:** $537K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $534K
- **Jobs reported:** 170
## Lender
- **Originating:** Golden Valley Bank
- **Servicing:** Golden Valley Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*