PPP Loan information for Innovare medical media

$398,400

Innovare medical media was initially approved for PPP Loan of amount $398,400, the current approved amount is $398,400. The loan was approved on 04/06/2020 by The ESSA Bank & Trust reported 25 jobs and $398,400 was used to fund payroll.

Innovare medical media is Existing or more than 2 years old

INNOVARE MEDICAL MEDIA

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INNOVARE MEDICAL MEDIA

Borrower Address

3496 Rt. 22

Borrower City

SOMERVILLE

Borrower State

NJ

Borrower Zip

08876-3446

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398400.00

Current Approval Amount

398400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78923

Servicing Lender Name

ESSA Bank & Trust

Servicing Lender Address

200 Palmer St

Servicing Lender City

STROUDSBURG

Servicing Lender State

PA

Servicing Lender Zip

18360-1645

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

SOMERSET

Project State

NJ

Project Zip

08876-3446

CD

NJ-07

Jobs Reported

25

NAICS Code

541850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

993.90

Payroll Proceed

347406.10

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

9000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

78923

Originating Lender

ESSA Bank & Trust

Originating Lender City

STROUDSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

401520.80

Forgiveness Date

01/25/2021

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