# PPP loan: INNOVATION STUDIO INC
> **$243K** approved 01/28/2021 · Paid in Full · Loan `7673378308`
## Borrower
- **Name:** INNOVATION STUDIO INC
- **Address:** 1 Broadway Fl 14, Cambridge, MA, 02142-1187
- **NAICS:** 813990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*