PPP Loan information for Innovative automation inc

$214,502

Innovative automation inc was initially approved for PPP Loan of amount $214,502, the current approved amount is $214,502. The loan was approved on 02/03/2021 by The PNC Bank, National Association reported 8 jobs and $214,502 was used to fund payroll.

Innovative automation inc is Existing or more than 2 years old

PPP Loan Search / MI / Romulus / Innovative automation inc

INNOVATIVE AUTOMATION INC

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INNOVATIVE AUTOMATION INC

Borrower Address

15377 Oakwood Dr

Borrower City

Romulus

Borrower State

MI

Borrower Zip

48174-3655

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

214502.00

Current Approval Amount

214502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Romulus

Project County Name

WAYNE

Project State

MI

Project Zip

48174-3655

CD

MI-13

Jobs Reported

8

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

214497.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216176.31

Forgiveness Date

11/16/2021

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