PPP Loan information for Innovative graphics

$144,000

Innovative graphics was initially approved for PPP Loan of amount $144,000, the current approved amount is $144,000. The loan was approved on 04/09/2020 by The Bremer Bank, National Association reported 16 jobs and $144,000 was used to fund payroll.

Innovative graphics is Existing or more than 2 years old

INNOVATIVE GRAPHICS

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATIVE GRAPHICS

Borrower Address

3306 Gorham Ave. S.

Borrower City

St Louis Park

Borrower State

MN

Borrower Zip

55426

Loan Status Date

04/16/2022

Loan Status

Charged Off

Term

29

SBA Guaranty Percentage

100

Initial Approval Amount

144000.00

Current Approval Amount

144000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St Louis Park

Project County Name

HENNEPIN

Project State

MN

Project Zip

55426-0001

CD

MN-05

Jobs Reported

16

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144000.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123154.67

Forgiveness Date

07/29/2021

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