PPP Loan information for Innovated energy controls llc

$967,000

Innovated energy controls llc was initially approved for PPP Loan of amount $967,000, the current approved amount is $967,000. The loan was approved on 04/06/2020 by The The State Bank reported 32 jobs and $967,000 was used to fund payroll.

Innovated energy controls llc is Existing or more than 2 years old

INNOVATED ENERGY CONTROLS LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATED ENERGY CONTROLS LLC

Borrower Address

1900 TWIN HILLS DR

Borrower City

HOWELL

Borrower State

MI

Borrower Zip

48843-6700

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

967000.00

Current Approval Amount

967000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOWELL

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48843-6700

CD

MI-07

Jobs Reported

32

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

967000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

977570.77

Forgiveness Date

05/21/2021

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