# PPP loan: IBN SINA FOUNDATION INC
> **$584K** approved 04/09/2020 · Paid in Full · Loan `9372477008`
## Borrower
- **Name:** IBN SINA FOUNDATION INC
- **Address:** 11226 S Wilcrest Dr, HOUSTON, TX, 77099-4313
- **NAICS:** 621999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $584K
- **Initial approval:** $584K
- **Forgiven:** $590K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $438K
- **Rent:** $73K
- **Utilities:** $73K
- **Jobs reported:** 77
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*