# PPP loan: INNOVATION AUTOMOTIVE LLC
> **$216K** approved 05/08/2020 · Paid in Full · Loan `3948887401`
## Borrower
- **Name:** INNOVATION AUTOMOTIVE LLC
- **Address:** 135 Innovation Dr, BOONE, NC, 28607
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 20
## Lender
- **Originating:** Renasant Bank
- **Servicing:** Renasant Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*