PPP Loan information for Innovation, inc.

$12,900

Innovation, inc. was initially approved for PPP Loan of amount $3,400, the current approved amount is $12,900. The loan was approved on 05/05/2020 by The First Merchants Bank reported 4 jobs and $12,900 was used to fund payroll.

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

INNOVATION, INC.

Date Approved

05/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATION, INC.

Borrower Address

37703 Joy Road

Borrower City

WESTLAND

Borrower State

MI

Borrower Zip

48185-1081

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3400.00

Current Approval Amount

12900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTLAND

Project County Name

WAYNE

Project State

MI

Project Zip

48185-1081

CD

MI-12

Jobs Reported

4

NAICS Code

611110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12900.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13045.96

Forgiveness Date

07/02/2021

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