# PPP loan: INNOPLEX, LLC
> **$1.71M** approved 04/15/2020 · Paid in Full · Loan `8045647107`
## Borrower
- **Name:** INNOPLEX, LLC
- **Address:** 7067 Columbia Gateway Drive Suite 280, Columbia, MD, 21046
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $726K (42%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.67M
- **Rent:** $40K
- **Jobs reported:** 84
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*