PPP Loan information for Innovative controls, inc.

$62,800

Innovative controls, inc. was initially approved for PPP Loan of amount $47,600, the current approved amount is $62,800. The loan was approved on 05/07/2020 by The BankProv reported 5 jobs and $62,800 was used to fund payroll.

Innovative controls, inc. is Change of Ownership

INNOVATIVE CONTROLS, INC.

Date Approved

05/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INNOVATIVE CONTROLS, INC.

Borrower Address

33 Unicorn Circle

Borrower City

AMESBURY

Borrower State

MA

Borrower Zip

01913

Loan Status Date

12/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47600.00

Current Approval Amount

62800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30947

Servicing Lender Name

BankProv

Servicing Lender Address

5 Market St

Servicing Lender City

AMESBURY

Servicing Lender State

MA

Servicing Lender Zip

01913-2408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

AMESBURY

Project County Name

ESSEX

Project State

MA

Project Zip

01913-0001

CD

MA-06

Jobs Reported

5

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62800.00

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

30947

Originating Lender

BankProv

Originating Lender City

AMESBURY

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58036.02

Forgiveness Date

10/15/2020

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