PPP Loan information for Innotec corp

$2,971,217

Innotec corp was initially approved for PPP Loan of amount $2,971,217, the current approved amount is $2,971,217. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 150 jobs and $2,971,217 was used to fund payroll.

Innotec corp is Existing or more than 2 years old

INNOTEC CORP

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOTEC CORP

Borrower Address

441 E. Roosevelt Ave.

Borrower City

ZEELAND

Borrower State

MI

Borrower Zip

49464-1257

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2971217.00

Current Approval Amount

2971217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZEELAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-1257

CD

MI-02

Jobs Reported

150

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

177793.00

Payroll Proceed

2169248.00

Mortgage Interest Proceed

75000.00

Rent Proceed

228000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

321176.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

3011092.38

Forgiveness Date

08/17/2021

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