PPP Loan information for Innovative cabinet designs, inc

$14,750

Innovative cabinet designs, inc was initially approved for PPP Loan of amount $18,700, the current approved amount is $14,750. The loan was approved on 04/15/2020 by The Customers Bank reported 2 jobs and $14,750 was used to fund payroll.

Innovative cabinet designs, inc is Existing or more than 2 years old

INNOVATIVE CABINET DESIGNS, INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATIVE CABINET DESIGNS, INC

Borrower Address

76 Green Meadow Street

Borrower City

Foley

Borrower State

MN

Borrower Zip

56329

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18700.00

Current Approval Amount

14750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Foley

Project County Name

BENTON

Project State

MN

Project Zip

56329-0001

CD

MN-06

Jobs Reported

2

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14750.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14835.27

Forgiveness Date

12/09/2020

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