# PPP loan: EDNOVATE INC
> **$2.81M** approved 04/28/2020 · Paid in Full · Loan `9463237208`
## Borrower
- **Name:** EDNOVATE INC
- **Address:** 350 FIGUEROA ST Suite 250, LOS ANGELES, CA, 90071-1201
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.81M
- **Initial approval:** $2.81M
- **Forgiven:** $2.85M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.10M
- **Rent:** $613K
- **Health care:** $100K
- **Jobs reported:** 195
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*