# PPP loan: INNOVARE MEDICAL MEDIA
> **$398K** approved 04/06/2020 · Paid in Full · Loan `6206367000`
## Borrower
- **Name:** INNOVARE MEDICAL MEDIA
- **Address:** 3496 Rt. 22, SOMERVILLE, NJ, 08876-3446
- **NAICS:** 541850
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Rent:** $23K
- **Utilities:** $993.9
- **Health care:** $18K
- **Debt interest:** $9K
- **Jobs reported:** 25
## Lender
- **Originating:** ESSA Bank & Trust
- **Servicing:** ESSA Bank & Trust (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*