PPP Loan information for Innovative communications, inc

$278,700

Innovative communications, inc was initially approved for PPP Loan of amount $278,700, the current approved amount is $278,700. The loan was approved on 04/04/2020 by The 1st State Bank reported 23 jobs and $278,700 was used to fund payroll.

Innovative communications, inc is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Innovative communications, inc

INNOVATIVE COMMUNICATIONS, INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATIVE COMMUNICATIONS, INC

Borrower Address

789 BRIDGEVIEW

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48604-1175

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278700.00

Current Approval Amount

278700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48604-1175

CD

MI-08

Jobs Reported

23

NAICS Code

541512

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5600.00

Payroll Proceed

224500.00

Mortgage Interest Proceed

0.00

Rent Proceed

9600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

270424.16

Forgiveness Date

12/02/2020

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