# PPP loan: INNOVATION BRANDS CORP.
> **$370K** approved 04/27/2020 · Paid in Full · Loan `4987747206`
## Borrower
- **Name:** INNOVATION BRANDS CORP.
- **Address:** 100 Crosby Street Suite 506, New York, NY, 10012
- **NAICS:** 523930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Jobs reported:** 25
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*