# PPP loan: INNOVEST GLOBAL, INC.
> **$1.25M** approved 04/10/2020 · Paid in Full · Loan `1234697108`
## Borrower
- **Name:** INNOVEST GLOBAL, INC.
- **Address:** 8834 Mayfield Road 0.0, Chesterland, OH, 44026-2696
- **NAICS:** 423330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $950K
- **Rent:** $200K
- **Utilities:** $60K
- **Debt interest:** $45K
- **Jobs reported:** 80
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*