COVID Stimulus Watch Individual Entry

Recipient Company:
INNOVANCE, INC
Loan or Loan Guarantee Amount:
$5,100,000

Recipient Details

Ownership Structure: privately held
Facility Street Address: 505 FRONT ST W
Facility City: ALBERT LEA
Facility State: MN
Facility Zip Code: 56007
Facility Congressional District: MN-01
Facility NAICS Code: 332710 : Machine Shops

Award Details

Award Date: May 1, 2020
Award Type: loan
Jobs Reported at Time of Application: 397
PPP Lender: U.S. Bank, National Association
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://data.sba.gov/dataset/ppp-foia

Good Jobs First has not matched this entity to a parent company.

Accountability Issues Since 2010

Good Jobs First does not have any accountability data for this record.

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues