PPP Loan information for Innovative engineering inc

$121,580

Innovative engineering inc was initially approved for PPP Loan of amount $121,580, the current approved amount is $121,580. The loan was approved on 02/25/2021 by The Bank of America, National Association reported 8 jobs and $121,580 was used to fund payroll.

Innovative engineering inc is Existing or more than 2 years old

INNOVATIVE ENGINEERING INC

Date Approved

02/25/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

INNOVATIVE ENGINEERING INC

Borrower Address

3380 Trickum Rd Ste 100 Bldg 500 -

Borrower City

Woodstock

Borrower State

GA

Borrower Zip

30188-3680

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121580.00

Current Approval Amount

121580.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Woodstock

Project County Name

CHEROKEE

Project State

GA

Project Zip

30188-3680

CD

GA-11

Jobs Reported

8

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

121578.00

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

122482.69

Forgiveness Date

11/26/2021

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