# PPP loan: NEOVASC US INC
> **$506K** approved 04/27/2020 · Paid in Full · Loan `3748727209`
## Borrower
- **Name:** NEOVASC US INC
- **Address:** 900 Long Lake Rd STE 300, New Brighton, MN, 55112
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $506K
- **Jobs reported:** 25
## Lender
- **Originating:** North American Banking Company
- **Servicing:** North American Banking Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*