PPP Loan information for Innovational water solutions inc.

$187,300

Innovational water solutions inc. was initially approved for PPP Loan of amount $187,300, the current approved amount is $187,300. The loan was approved on 04/03/2020 by The Frandsen Bank & Trust reported 23 jobs and $187,300 was used to fund payroll.

Innovational water solutions inc. is New Business or 2 years or less

PPP Loan Search / MN / ANDOVER / Innovational water solutions inc.

INNOVATIONAL WATER SOLUTIONS INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATIONAL WATER SOLUTIONS INC.

Borrower Address

2355 STATION PKWY

Borrower City

ANDOVER

Borrower State

MN

Borrower Zip

55304-4258

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187300.00

Current Approval Amount

187300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ANDOVER

Project County Name

ANOKA

Project State

MN

Project Zip

55304-4258

CD

MN-06

Jobs Reported

23

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187300.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188541.82

Forgiveness Date

12/14/2020

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