# PPP loan: INNOVATIVE POWER SOLUTIONS, LLC.
> **$853K** approved 04/07/2020 · Paid in Full · Loan `7406487000`
## Borrower
- **Name:** INNOVATIVE POWER SOLUTIONS, LLC.
- **Address:** 4101 RICHARDS RD, NORTH LITTLE ROCK, AR, 72117-2653
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $853K
- **Initial approval:** $853K
- **Forgiven:** $863K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $853K
- **Jobs reported:** 65
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*