PPP Loan information for Innovation labs inc

$241,655

Innovation labs inc was initially approved for PPP Loan of amount $241,655, the current approved amount is $241,655. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 30 jobs and $241,655 was used to fund payroll.

Innovation labs inc is New Business or 2 years or less

INNOVATION LABS INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INNOVATION LABS INC

Borrower Address

1111 MacArthur Blvd 0.0

Borrower City

Mahwah

Borrower State

NJ

Borrower Zip

07430-2038

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241655.00

Current Approval Amount

241655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Mahwah

Project County Name

BERGEN

Project State

NJ

Project Zip

07430-2038

CD

NJ-05

Jobs Reported

30

NAICS Code

325620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

241655.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244713.95

Forgiveness Date

07/26/2021

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