PPP Loan information for Innovative accoustics inc

$103,815

Innovative accoustics inc was initially approved for PPP Loan of amount $103,815, the current approved amount is $103,815. The loan was approved on 03/27/2021 by The The First National Bank of Cokato reported 8 jobs and $103,815 was used to fund payroll.

Innovative accoustics inc is Existing or more than 2 years old

INNOVATIVE ACCOUSTICS INC

Date Approved

03/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

INNOVATIVE ACCOUSTICS INC

Borrower Address

1268 Reardon Ave SW

Borrower City

Cokato

Borrower State

MN

Borrower Zip

55321-4539

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103815.00

Current Approval Amount

103815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36741

Servicing Lender Name

The First National Bank of Cokato

Servicing Lender Address

365 Broadway Ave S

Servicing Lender City

COKATO

Servicing Lender State

MN

Servicing Lender Zip

55321-4292

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cokato

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-4539

CD

MN-06

Jobs Reported

8

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103815.00

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

36741

Originating Lender

The First National Bank of Cokato

Originating Lender City

COKATO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104345.61

Forgiveness Date

10/04/2021

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