PPP Loan information for Innovate electric inc

$89,200

Innovate electric inc was initially approved for PPP Loan of amount $89,200, the current approved amount is $89,200. The loan was approved on 04/07/2020 by The FirstBank reported 11 jobs and $89,200 was used to fund payroll.

Innovate electric inc is New Business or 2 years or less

INNOVATE ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

INNOVATE ELECTRIC INC

Borrower Address

3774 ROWE ST Unit 7

Borrower City

ERIE

Borrower State

CO

Borrower Zip

80516-4402

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89200.00

Current Approval Amount

89200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15596

Servicing Lender Name

FirstBank

Servicing Lender Address

10403 W Colfax Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

CO

Servicing Lender Zip

80215-3811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ERIE

Project County Name

BOULDER

Project State

CO

Project Zip

80516-4402

CD

CO-08

Jobs Reported

11

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89200.00

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

15596

Originating Lender

FirstBank

Originating Lender City

LAKEWOOD

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90203.50

Forgiveness Date

05/26/2021

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