# PPP loan: INNOVATIVE CIRCUITS ARIZONA, INC.
> **$227K** approved 01/20/2021 · Paid in Full · Loan `2041618307`
## Borrower
- **Name:** INNOVATIVE CIRCUITS ARIZONA, INC.
- **Address:** 425 E Germann Rd Ste 103, Gilbert, AZ, 85297-0620
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Desert Financial CU
- **Servicing:** Desert Financial CU (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*