PPP Loan information for Innovation compounding, inc

$560,000

Innovation compounding, inc was initially approved for PPP Loan of amount $560,000, the current approved amount is $560,000. The loan was approved on 04/30/2020 by The Renasant Bank reported 45 jobs and $560,000 was used to fund payroll.

Innovation compounding, inc is Existing or more than 2 years old

INNOVATION COMPOUNDING, INC

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

INNOVATION COMPOUNDING, INC

Borrower Address

6095 PINE MOUNTAIN RD NW

Borrower City

KENNESAW

Borrower State

GA

Borrower Zip

30152

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

560000.00

Current Approval Amount

560000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENNESAW

Project County Name

COBB

Project State

GA

Project Zip

30152-0001

CD

GA-11

Jobs Reported

45

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

560000.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

564371.11

Forgiveness Date

02/17/2021

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