# PPP loan: IVYWISE, LLC
> **$640K** approved 04/08/2020 · Paid in Full · Loan `8318917003`
## Borrower
- **Name:** IVYWISE, LLC
- **Address:** 501 MADISON AVE STE 802, NEW YORK, NY, 10022-5601
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $647K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $556K
- **Rent:** $48K
- **Utilities:** $2K
- **Health care:** $33K
- **Jobs reported:** 34
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*