# PPP loan: INNOVATE LOAN SERVICING CORPORATION
> **$890K** approved 05/01/2020 · Paid in Full · Loan `3854487703`
## Borrower
- **Name:** INNOVATE LOAN SERVICING CORPORATION
- **Address:** 4704 MERCANTILE DRIVE, FORT WORTH, TX, 76137
- **NAICS:** 522291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $890K
- **Initial approval:** $890K
- **Forgiven:** $906K (102%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $890K
- **Jobs reported:** 48
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*