# PPP loan: INNOVATECH SOLUTIONS, INC.
> **$594K** approved 04/15/2020 · Paid in Full · Loan `8260037104`
## Borrower
- **Name:** INNOVATECH SOLUTIONS, INC.
- **Address:** 352 APPLEGARTH RD, MONROE TOWNSHIP, NJ, 08831-3738
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $600K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $594K
- **Jobs reported:** 28
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*