# PPP loan: IE2 CONSTRUCTION INC.
> **$980K** approved 03/12/2021 · Paid in Full · Loan `9622508505`
## Borrower
- **Name:** IE2 CONSTRUCTION INC.
- **Address:** 2205 W Braker Ln, Austin, TX, 78758-4031
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $980K
- **Initial approval:** $980K
- **Forgiven:** $984K (100%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $980K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*