# PPP loan: INNOVID INC
> **$3.01M** approved 04/13/2020 · Paid in Full · Loan `5402207110`
## Borrower
- **Name:** INNOVID INC
- **Address:** 30 Irving Place, New York, NY, 10003
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.01M
- **Initial approval:** $3.52M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.74M
- **Mortgage interest:** $257K
- **Utilities:** $14K
- **Jobs reported:** 155
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*