PPP Loan information for Innovative formulations international inc.

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

INNOVATIVE FORMULATIONS INTERNATIONAL INC.

Borrower Address

14 Jefferson Place

Borrower City

NEWNAN

Borrower State

GA

Borrower Zip

30263-1469

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115600.00

Current Approval Amount

108988.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWNAN

Project County Name

COWETA

Project State

GA

Project Zip

30263-1469

CD

GA-03

Jobs Reported

12

NAICS Code

325611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108988.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109566.24

Forgiveness Date

11/03/2020