PPP Loan information for Innovat corporation

$71,700

Innovat corporation was initially approved for PPP Loan of amount $71,700, the current approved amount is $71,700. The loan was approved on 04/05/2020 by The The Bank of Marion reported 6 jobs and $71,700 was used to fund payroll.

Innovat corporation is Existing or more than 2 years old

INNOVAT CORPORATION

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INNOVAT CORPORATION

Borrower Address

896 Adwolfe Rd

Borrower City

MARION

Borrower State

VA

Borrower Zip

24354-6682

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71700.00

Current Approval Amount

71700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

SMYTH

Project State

VA

Project Zip

24354-6682

CD

VA-09

Jobs Reported

6

NAICS Code

811219

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6200.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

5500.00

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

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72350.21

Forgiveness Date

03/11/2021

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