# PPP loan: INNOTEC CORP.
> **$2.00M** approved 01/27/2021 · Paid in Full · Loan `6833328310`
## Borrower
- **Name:** INNOTEC CORP.
- **Address:** 441 E Roosevelt Ave, Zeeland, MI, 49464-1278
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.04M (102%)
- **Forgiveness date:** 03/01/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 296
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*