As part of the Paycheck Protection Program INNOVANCE, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

INNOVANCE, INC


Loan Amount	$5,100,000
BusinessName	INNOVANCE, INC
Address	505 FRONT ST W
City	ALBERT LEA
State	MN
Zip	56007
NAICSCode	332710
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	397
DateApproved	05/01/2020
Lender	U.S. Bank, National Association
CD	MN-01
BusinessName.clean	INNOVANCE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

INNOVANT
INNOVAPPTIVE
INNOVASIS
INNOVASYSTEMS INTL
INNOVATE