# PPP loan: INGENUE INC
> **$395K** approved 05/01/2020 · Exemption 4 · Loan `5395037707`
## Borrower
- **Name:** INGENUE INC
- **Address:** 6114 SCOTT WAY, COMMERCE, CA, 90040-3518
- **NAICS:** 311615
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $395K
- **Initial approval:** $36K
- **Forgiven:** $65K (16%)
- **Forgiveness date:** 12/29/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $395K
- **Jobs reported:** 52
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*