# PPP loan: INNOVATIVE TELESERVICES INC.
> **$453K** approved 04/04/2020 · Paid in Full · Loan `4846277007`
## Borrower
- **Name:** INNOVATIVE TELESERVICES INC.
- **Address:** 1000 REPUBLIC DR #530, ALLEN PARK, MI, 48101-3621
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $453K
- **Jobs reported:** 60
## Lender
- **Originating:** Community Choice CU
- **Servicing:** Community Choice CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*