# PPP loan: INNOVA ENGINEERING, LLC
> **$255K** approved 05/01/2020 · Paid in Full · Loan `1380437708`
## Borrower
- **Name:** INNOVA ENGINEERING, LLC
- **Address:** 2141 N ALVERNON WAY, TUCSON, AZ, 85712
- **NAICS:** 237110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Rent:** $2K
- **Utilities:** $3K
- **Health care:** $7K
- **Jobs reported:** 51
## 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*