PPP Loan information for Innovative components

$31,725

Innovative components was initially approved for PPP Loan of amount $31,725, the current approved amount is $31,725. The loan was approved on 04/27/2020 by The First Freedom Bank reported 2 jobs and $31,725 was used to fund payroll.

Innovative components is Existing or more than 2 years old

INNOVATIVE COMPONENTS

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

INNOVATIVE COMPONENTS

Borrower Address

438 TUCKER TRICE BLVD

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37087-5635

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31725.00

Current Approval Amount

31725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440697

Servicing Lender Name

First Freedom Bank

Servicing Lender Address

1620 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3102

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37087-5635

CD

TN-06

Jobs Reported

2

NAICS Code

423140

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

7929.25

Payroll Proceed

23795.75

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

Sole Proprietorship

Originating Lender Location Id

440697

Originating Lender

First Freedom Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31949.72

Forgiveness Date

01/08/2021

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