PPP Loan information for Innovative casting technologies, inc.

$680,100

Innovative casting technologies, inc. was initially approved for PPP Loan of amount $680,100, the current approved amount is $680,100. The loan was approved on 04/04/2020 by The First National Bank reported 48 jobs and $680,100 was used to fund payroll.

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

INNOVATIVE CASTING TECHNOLOGIES, INC.

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INNOVATIVE CASTING TECHNOLOGIES, INC.

Borrower Address

401 Blue Chip Ct

Borrower City

FRANKLIN

Borrower State

IN

Borrower Zip

46131-8825

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680100.00

Current Approval Amount

680100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22995

Servicing Lender Name

First National Bank

Servicing Lender Address

302 S Main St

Servicing Lender City

CLOVERDALE

Servicing Lender State

IN

Servicing Lender Zip

46120-8651

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-8825

CD

IN-06

Jobs Reported

48

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

680100.00

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

Subchapter S Corporation

Originating Lender Location Id

22995

Originating Lender

First National Bank

Originating Lender City

CLOVERDALE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

687316.62

Forgiveness Date

05/03/2021

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