# PPP loan: INNOVA INDUSTRIES INC.
> **$568K** approved 04/03/2020 · Paid in Full · Loan `4453617001`
## Borrower
- **Name:** INNOVA INDUSTRIES INC.
- **Address:** 730 Fir Ave, FERGUS FALLS, MN, 56537
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $568K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $568K
- **Jobs reported:** 62
## Lender
- **Originating:** American Federal Bank
- **Servicing:** American Federal Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*