# PPP loan: IVONNE WELCH INSURANCE AGENCY, LLC
> **$247K** approved 04/28/2020 · Paid in Full · Loan `9815647207`
## Borrower
- **Name:** IVONNE WELCH INSURANCE AGENCY, LLC
- **Address:** 42118 Arbor Glen Dr., Temecula, CA, 92592
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 17
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*