PPP Loan information for Innovate inc

$1,911,300

Innovate inc was initially approved for PPP Loan of amount $1,911,300, the current approved amount is $1,911,300. The loan was approved on 04/14/2020 by The Truist Bank reported 133 jobs and $1,911,300 was used to fund payroll.

Innovate inc is Existing or more than 2 years old

PPP Loan Search / VA / ALEXANDRIA / Innovate inc

INNOVATE INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INNOVATE INC

Borrower Address

6189 Cobbs Road

Borrower City

ALEXANDRIA

Borrower State

VA

Borrower Zip

22310-1612

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1911300.00

Current Approval Amount

1911300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

FAIRFAX

Project State

VA

Project Zip

22310-1612

CD

VA-11

Jobs Reported

133

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1911300.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1932058.84

Forgiveness Date

05/21/2021

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