PPP Loan information for Innovative electric

$42,000

Innovative electric was initially approved for PPP Loan of amount $51,600, the current approved amount is $42,000. The loan was approved on 04/14/2020 by The Independent Bank reported 5 jobs and $42,000 was used to fund payroll.

Innovative electric is Existing or more than 2 years old

PPP Loan Search / CO / Berthoud / Innovative electric

INNOVATIVE ELECTRIC

Date Approved

04/14/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

INNOVATIVE ELECTRIC

Borrower Address

801 E County Road 12

Borrower City

Berthoud

Borrower State

CO

Borrower Zip

80513-9247

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51600.00

Current Approval Amount

42000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berthoud

Project County Name

LARIMER

Project State

CO

Project Zip

80513-9247

CD

CO-08

Jobs Reported

5

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42000.00

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

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42394.33

Forgiveness Date

04/01/2021

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