# PPP loan: INNOTEK CORPORATION
> **$725K** approved 01/23/2021 · Paid in Full · Loan `4934118306`
## Borrower
- **Name:** INNOTEK CORPORATION
- **Address:** 9140 Zachary Ln N, Maple Grove, MN, 55369-4003
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $727K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $725K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Associated Bank, National Association
- **Servicing:** Associated Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*