# PPP loan: INNOVATION CATERING INC
> **$555K** approved 03/13/2021 · Paid in Full · Loan `2247248603`
## Borrower
- **Name:** INNOVATION CATERING INC
- **Address:** 601 Calvert St, Charlotte, NC, 28208-4571
- **NAICS:** 722320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $555K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*