PPP Loan information for Innovative concepts audio & video, inc.

$136,200

Innovative concepts audio & video, inc. was initially approved for PPP Loan of amount $136,200, the current approved amount is $136,200. The loan was approved on 04/11/2020 by The The Farmers & Merchants State Bank reported 21 jobs and $136,200 was used to fund payroll.

Innovative concepts audio & video, inc. is Existing or more than 2 years old

INNOVATIVE CONCEPTS AUDIO & VIDEO, INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INNOVATIVE CONCEPTS AUDIO & VIDEO, INC.

Borrower Address

1421 Manchester St

Borrower City

DECATUR

Borrower State

IN

Borrower Zip

46733-3136

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136200.00

Current Approval Amount

136200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

ADAMS

Project State

IN

Project Zip

46733-3136

CD

IN-03

Jobs Reported

21

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136200.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

137147.80

Forgiveness Date

12/31/2020

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