# PPP loan: INNOVA INDUSTRIES INC.
> **$528K** approved 01/16/2021 · Paid in Full · Loan `9998658208`
## Borrower
- **Name:** INNOVA INDUSTRIES INC.
- **Address:** 730 W Fir Ave, Fergus Falls, MN, 56537-1123
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $528K
- **Initial approval:** $528K
- **Forgiven:** $532K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $528K
- **Utilities:** $1
- **Jobs reported:** 62
## Lender
- **Originating:** American Federal Bank
- **Servicing:** American Federal Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*