# PPP loan: INNOVATIVE BOWLING PRODUCTS, LLC
> **$307K** approved 04/13/2020 · Exemption 4 · Loan `5081367110`
## Borrower
- **Name:** INNOVATIVE BOWLING PRODUCTS, LLC
- **Address:** 250 North Main Street, jacobus, PA, 17407-1011
- **NAICS:** 423910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $127K (41%)
- **Forgiveness date:** 06/06/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 9
## Lender
- **Originating:** Members 1st FCU
- **Servicing:** Members 1st FCU (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*