PPP Loan information for Innovative acoustics, inc

$104,125

Innovative acoustics, inc was initially approved for PPP Loan of amount $104,125, the current approved amount is $104,125. The loan was approved on 05/29/2020 by The The First National Bank of Cokato reported 8 jobs and $104,125 was used to fund payroll.

Innovative acoustics, inc is Existing or more than 2 years old

INNOVATIVE ACOUSTICS, INC

Date Approved

05/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATIVE ACOUSTICS, INC

Borrower Address

1268 Reardon Ave S

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321-4539

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104125.00

Current Approval Amount

104125.00

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

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104125.00

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

105131.54

Forgiveness Date

05/27/2021

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