# PPP loan: INOAPPS - INNOVATIVE APPLICATIONS INC.
> **$1.07M** approved 04/29/2020 · Paid in Full · Loan `2953297303`
## Borrower
- **Name:** INOAPPS - INNOVATIVE APPLICATIONS INC.
- **Address:** 5177 RICHMOND AVE, HOUSTON, TX, 77056-6707
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $858K
- **Mortgage interest:** $214K
- **Jobs reported:** 68
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*