# PPP loan: INNOVATIVE CONTROLS CORPORATION
> **$246K** approved 04/09/2020 · Paid in Full · Loan `9614367003`
## Borrower
- **Name:** INNOVATIVE CONTROLS CORPORATION
- **Address:** 3491 STATE ROUTE 108, LEIPSIC, OH, 45856-9468
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Jobs reported:** 17
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*