PPP Loan information for Innovative abstract & title company, llc

$66,200

Innovative abstract & title company, llc was initially approved for PPP Loan of amount $66,200, the current approved amount is $66,200. The loan was approved on 04/04/2020 by The Cornerstone Bank reported 7 jobs and $66,200 was used to fund payroll.

Innovative abstract & title company, llc is Existing or more than 2 years old

INNOVATIVE ABSTRACT & TITLE COMPANY, LLC

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

INNOVATIVE ABSTRACT & TITLE COMPANY, LLC

Borrower Address

602 Dakota Avenue

Borrower City

WAHPETON

Borrower State

ND

Borrower Zip

58075-4313

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66200.00

Current Approval Amount

66200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAHPETON

Project County Name

RICHLAND

Project State

ND

Project Zip

58075-4313

CD

ND-

Jobs Reported

7

NAICS Code

541191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49650.00

Mortgage Interest Proceed

16550.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66635.82

Forgiveness Date

12/08/2020

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