PPP Loan information for Innovative casting technologies inc

$652,800

Innovative casting technologies inc was initially approved for PPP Loan of amount $652,800, the current approved amount is $652,800. The loan was approved on 03/24/2021 by The First National Bank reported 44 jobs and $652,800 was used to fund payroll.

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

PPP Loan Search / IN / Franklin / Innovative casting technologies inc

INNOVATIVE CASTING TECHNOLOGIES INC

Date Approved

03/24/2021

SBA Office Code

0562

Processing Method

PPS

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

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

652800.00

Current Approval Amount

652800.00

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

44

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

652800.00

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

658711.47

Forgiveness Date

02/17/2022

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