# PPP loan: INNOVATIVE MACHINE AND LASER LLC
> **$369K** approved 04/29/2020 · Paid in Full · Loan `3035907302`
## Borrower
- **Name:** INNOVATIVE MACHINE AND LASER LLC
- **Address:** Innovative Machine and Laser, LLC 1713 S Great Southwest Pkwy, Dallas, TX, 75212-2502
- **NAICS:** 332322
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Mortgage interest:** $74K
- **Jobs reported:** 40
## 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*