# PPP loan: INNOVATIVE ELECTRONICS CORP
> **$452K** approved 02/20/2021 · Paid in Full · Loan `2536968505`
## Borrower
- **Name:** INNOVATIVE ELECTRONICS CORP
- **Address:** 750 Trumbull Dr, Pittsburgh, PA, 15205-4363
- **NAICS:** 334418
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $452K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*