# PPP loan: THE INNOVATION NETWORK LLC
> **$228K** approved 05/18/2021 · Paid in Full · Loan `3518009006`
## Borrower
- **Name:** THE INNOVATION NETWORK LLC
- **Address:** 11615 Kemp Mill Rd  STE-130null 11615 Kemp Mill Rd  STE-130null, Silver Spring, MD, 20902
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 13
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*