# PPP loan: IVM SOLUTIONS LLC
> **$258K** approved 04/15/2020 · Paid in Full · Loan `9520127109`
## Borrower
- **Name:** IVM SOLUTIONS LLC
- **Address:** 2038 LEE ROAD 137, AUBURN, AL, 36832-7510
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 26
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*