# PPP loan: INTERNOVA ELECTRICAL CONTRACTOR INC
> **$477K** approved 04/27/2020 · Paid in Full · Loan `5243217202`
## Borrower
- **Name:** INTERNOVA ELECTRICAL CONTRACTOR INC
- **Address:** CARR 176 Km 5.0 Cupey Bajo, SAN JUAN, PR, 00926-6735
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $477K
- **Initial approval:** $477K
- **Forgiven:** $480K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Rent:** $10K
- **Utilities:** $18K
- **Jobs reported:** 70
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*