# PPP loan: INNOVA ELECTRONICS CORPORATION
> **$818K** approved 04/10/2020 · Paid in Full · Loan `1161467107`
## Borrower
- **Name:** INNOVA ELECTRONICS CORPORATION
- **Address:** 26131 Red Corral St., LAGUNA HILLS, CA, 92653-6312
- **NAICS:** 336320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $818K
- **Initial approval:** $818K
- **Forgiven:** $823K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $818K
- **Jobs reported:** 52
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*