PPP Loan information for Innovative chemical corporation, inc.

$74,600

Innovative chemical corporation, inc. was initially approved for PPP Loan of amount $74,600, the current approved amount is $74,600. The loan was approved on 04/15/2020 by The CorTrust Bank National Association reported 7 jobs and $74,600 was used to fund payroll.

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

PPP Loan Search / MN / COTTAGE GROVE / Innovative chemical corporation, inc.

INNOVATIVE CHEMICAL CORPORATION, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATIVE CHEMICAL CORPORATION, INC.

Borrower Address

7769 95TH ST

Borrower City

COTTAGE GROVE

Borrower State

MN

Borrower Zip

55016-3946

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74600.00

Current Approval Amount

74600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COTTAGE GROVE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55016-3946

CD

MN-02

Jobs Reported

7

NAICS Code

325998

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74600.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

75209.06

Forgiveness Date

02/16/2021

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