# PPP loan: IBEX GROUP INC, THE
> **$1.62M** approved 05/01/2020 · Paid in Full · Loan `8157247306`
## Borrower
- **Name:** IBEX GROUP INC, THE
- **Address:** 9890 EQUUS CIR, BOYNTON BEACH, FL, 33472-4328
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.65M (101%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Jobs reported:** 133
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*