PPP Loan information for Innotec corp.

$2,000,000

Innotec corp. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/27/2021 by The CIBC Bank USA reported 296 jobs and $2,000,000 was used to fund payroll.

Innotec corp. is Existing or more than 2 years old

PPP Loan Search / MI / Zeeland / Innotec corp.

INNOTEC CORP.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INNOTEC CORP.

Borrower Address

441 E Roosevelt Ave

Borrower City

Zeeland

Borrower State

MI

Borrower Zip

49464-1278

Loan Status Date

03/16/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

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

49464-1278

CD

MI-02

Jobs Reported

296

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999999.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2041095.89

Forgiveness Date

03/01/2023

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