Innovance, INC

$5,100,000 PPP Loan in Albert Lea, Minnesota

Loan Details

Loan Number
7452847710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$5,100,000
Current Approval
$5,100,000
Forgiveness Amount
$5,154,683
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovance, INC
Address
505 Front St W
ZIP Code
56007
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
397
Estimated Revenue
$97.0M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$5,100,000

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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