PPP Loan information for Innovative design industries, inc.

$80,000

Innovative design industries, inc. was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/15/2020 by The First Horizon Bank reported 7 jobs and $80,000 was used to fund payroll.

Innovative design industries, inc. is Existing or more than 2 years old

INNOVATIVE DESIGN INDUSTRIES, INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

INNOVATIVE DESIGN INDUSTRIES, INC.

Borrower Address

155 Marley Drive

Borrower City

GREENEVILLE

Borrower State

TN

Borrower Zip

37743

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENEVILLE

Project County Name

GREENE

Project State

TN

Project Zip

37743-0001

CD

TN-01

Jobs Reported

7

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

65000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80784.44

Forgiveness Date

04/19/2021

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