# PPP loan: INNOVATIVE VENTILATION SYSTEMS, INC.
> **$327K** approved 04/28/2020 · Paid in Full · Loan `7961787202`
## Borrower
- **Name:** INNOVATIVE VENTILATION SYSTEMS, INC.
- **Address:** 2890 W Cedar Street, Beaumont, TX, 77702-2525
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $328K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Jobs reported:** 27
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*