# PPP loan: INNOVATIVE ENGINEERING SOLUTIONS INC
> **$737K** approved 03/29/2021 · Paid in Full · Loan `2565468703`
## Borrower
- **Name:** INNOVATIVE ENGINEERING SOLUTIONS INC
- **Address:** 26200 Adams Ave, Murrieta, CA, 92562-7060
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $737K
- **Initial approval:** $737K
- **Forgiven:** $744K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $737K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*