As part of the Paycheck Protection Program INNOVATE 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.

INNOVATE INC


Loan Amount	$1,911,300
BusinessName	INNOVATE INC
Address	6189 Cobbs Road
City	ALEXANDRIA
State	VA
Zip	22310
NAICSCode	541512
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	133
DateApproved	04/14/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	VA-08
BusinessName.clean	INNOVATE

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

INNOVATE LOAN SERVICING
INNOVATE REHAB AND WELLNESS
INNOVATED ENERGY CONTROLS
INNOVATED PACKAGING COMPANY
INNOVATED SERVICES