# PPP loan: INNOWELLS INC.
> **$233K** approved 04/30/2020 · Paid in Full · Loan `5651007306`
## Borrower
- **Name:** INNOWELLS INC.
- **Address:** 809 SAN RD, PALO ALTO, CA, 94303
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 9
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*