# PPP loan: INNOVATION ASSOCIATES PROFESSIONAL PLACEMENT INC.
> **$425K** approved 01/21/2021 · Paid in Full · Loan `3250858310`
## Borrower
- **Name:** INNOVATION ASSOCIATES PROFESSIONAL PLACEMENT INC.
- **Address:** 110 State Line Rd, Vestal, NY, 13850-6222
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 41
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*