PPP Loan information for Innovative composite engineering inc

$806,538

Innovative composite engineering inc was initially approved for PPP Loan of amount $806,538, the current approved amount is $806,538. The loan was approved on 01/26/2021 by The Umpqua Bank reported 55 jobs and $806,538 was used to fund payroll.

Innovative composite engineering inc is Existing or more than 2 years old

INNOVATIVE COMPOSITE ENGINEERING INC

Date Approved

01/26/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

INNOVATIVE COMPOSITE ENGINEERING INC

Borrower Address

1265 N Main Street

Borrower City

WHITE SALMON

Borrower State

WA

Borrower Zip

98672

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

806538.00

Current Approval Amount

806538.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE SALMON

Project County Name

KLICKITAT

Project State

WA

Project Zip

98672

CD

WA-03

Jobs Reported

55

NAICS Code

335991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

806533.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

811089.97

Forgiveness Date

09/07/2021

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