# PPP loan: INNOPHASE, INC
> **$777K** approved 04/15/2020 · Paid in Full · Loan `9112227105`
## Borrower
- **Name:** INNOPHASE, INC
- **Address:** 6815 FLANDERS DRIVE Suite 150, San Diego, CA, 92121
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $777K
- **Initial approval:** $777K
- **Forgiven:** $787K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $777K
- **Jobs reported:** 36
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*