PPP Loan information for Innovatech associates inc

$73,437

Innovatech associates inc was initially approved for PPP Loan of amount $73,437, the current approved amount is $73,437. The loan was approved on 04/09/2021 by The Bank of America, National Association reported 4 jobs and $73,437 was used to fund payroll.

Innovatech associates inc is Existing or more than 2 years old

INNOVATECH ASSOCIATES INC

Date Approved

04/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

INNOVATECH ASSOCIATES INC

Borrower Address

100 Treble Cove Rd Ste 6

Borrower City

North Billerica

Borrower State

MA

Borrower Zip

01862-2231

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73437.00

Current Approval Amount

73437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Billerica

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01862-2231

CD

MA-03

Jobs Reported

4

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

73435.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73714.65

Forgiveness Date

08/26/2021

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