PPP Loan information for Innovative analytics, inc.

$358,960

Innovative analytics, inc. was initially approved for PPP Loan of amount $358,960, the current approved amount is $358,960. The loan was approved on 04/27/2020 by The Mercantile Bank reported 23 jobs and $358,960 was used to fund payroll.

Innovative analytics, inc. is Existing or more than 2 years old

INNOVATIVE ANALYTICS, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATIVE ANALYTICS, INC.

Borrower Address

161 E MICHIGAN AVE

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-3926

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358960.00

Current Approval Amount

358960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-3926

CD

MI-04

Jobs Reported

23

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328960.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361851.35

Forgiveness Date

02/17/2021

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