PPP Loan information for Innovative electrical solutions

$471,477

Innovative electrical solutions was initially approved for PPP Loan of amount $471,477, the current approved amount is $471,477. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 35 jobs and $471,477 was used to fund payroll.

Innovative electrical solutions is Existing or more than 2 years old

INNOVATIVE ELECTRICAL SOLUTIONS

Date Approved

05/01/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

INNOVATIVE ELECTRICAL SOLUTIONS

Borrower Address

693 CAPSTONE CT W

Borrower City

HAYDEN

Borrower State

ID

Borrower Zip

83835

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

471477.00

Current Approval Amount

471477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAYDEN

Project County Name

KOOTENAI

Project State

ID

Project Zip

83835-0001

CD

ID-01

Jobs Reported

35

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

471477.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

475942.93

Forgiveness Date

04/21/2021

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