# PPP loan: INVALEON TECHNOLOGIES CORP
> **$427K** approved 04/08/2020 · Charged Off · Loan `8463507005`
## Borrower
- **Name:** INVALEON TECHNOLOGIES CORP
- **Address:** 26 Parkridge Rd. suite 1B, HAVERHILL, MA, 01835-6904
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $398K (93%)
- **Forgiveness date:** 05/21/2021
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $427K
- **Jobs reported:** 30
## Lender
- **Originating:** Haverhill Bank
- **Servicing:** Haverhill Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*