# PPP loan: IBSS CORPORATION
> **$1.86M** approved 05/02/2020 · Paid in Full · Loan `9783447309`
## Borrower
- **Name:** IBSS CORPORATION
- **Address:** 1110 BONIFANT ST STE 501, SILVER SPRING, MD, 20910-3358
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.88M (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.86M
- **Jobs reported:** 105
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*