# PPP loan: INNOVATIVE ENGINEERING SYSTEMS, INC.
> **$3.91M** approved 04/09/2020 · Paid in Full · Loan `9784597005`
## Borrower
- **Name:** INNOVATIVE ENGINEERING SYSTEMS, INC.
- **Address:** 8800 CRIPPEN ST, BAKERSFIELD, CA, 93311-9686
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.91M
- **Initial approval:** $3.91M
- **Forgiven:** $3.96M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.91M
- **Jobs reported:** 227
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*