# PPP loan: IPOWER DISTRIBUTION GROUP
> **$206K** approved 04/15/2020 · Paid in Full · Loan `8567517100`
## Borrower
- **Name:** IPOWER DISTRIBUTION GROUP
- **Address:** 70 Barefoot Rd, Northborough, MA, 01532
- **NAICS:** 551114
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 11
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*