# PPP loan: INVOLTA, LLC
> **$3.96M** approved 04/10/2020 · Paid in Full · Loan `1986957106`
## Borrower
- **Name:** INVOLTA, LLC
- **Address:** 460 12TH AVE SE, CEDAR RAPIDS, IA, 52401-2451
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.96M
- **Initial approval:** $3.98M
- **Forgiven:** $4.00M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.96M
- **Jobs reported:** 260
## Lender
- **Originating:** Bankers Trust Company
- **Servicing:** Bankers Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*