PPP Loan information for Initech global, llc

$907,000

Initech global, llc was initially approved for PPP Loan of amount $907,000, the current approved amount is $907,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 45 jobs and $907,000 was used to fund payroll.

Initech global, llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Initech global, llc

INITECH GLOBAL, LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INITECH GLOBAL, LLC

Borrower Address

5075 Cascade Road SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49546

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

907000.00

Current Approval Amount

907000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49546-1300

CD

MI-03

Jobs Reported

45

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

907000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

916321.94

Forgiveness Date

04/27/2021

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