PPP Loan information for Innovative elevator inc

$431,422

Innovative elevator inc was initially approved for PPP Loan of amount $431,422, the current approved amount is $431,422. The loan was approved on 02/17/2021 by The Bank of America, National Association reported 37 jobs and $431,422 was used to fund payroll.

Innovative elevator inc is Existing or more than 2 years old

INNOVATIVE ELEVATOR INC

Date Approved

02/17/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

INNOVATIVE ELEVATOR INC

Borrower Address

2614 W 13th St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11223-5815

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

431422.00

Current Approval Amount

431422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11223-5815

CD

NY-08

Jobs Reported

37

NAICS Code

238990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

431420.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

434057.81

Forgiveness Date

09/29/2021

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