PPP Loan information for Industrial innovations inc

$142,600

Industrial innovations inc was initially approved for PPP Loan of amount $142,600, the current approved amount is $142,600. The loan was approved on 01/22/2021 by The Grand River Bank reported 8 jobs and $142,600 was used to fund payroll.

Industrial innovations inc is Existing or more than 2 years old

INDUSTRIAL INNOVATIONS INC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INDUSTRIAL INNOVATIONS INC

Borrower Address

2936 Dormax St SW

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-1166

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142600.00

Current Approval Amount

142600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464533

Servicing Lender Name

Grand River Bank

Servicing Lender Address

4471 Wilson Ave SW

Servicing Lender City

GRANDVILLE

Servicing Lender State

MI

Servicing Lender Zip

49418-2366

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-1166

CD

MI-02

Jobs Reported

8

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

142594.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

464533

Originating Lender

Grand River Bank

Originating Lender City

GRANDVILLE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143861.91

Forgiveness Date

12/23/2021

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