PPP Loan information for Innovative housing development corporation

$989,953

Innovative housing development corporation was initially approved for PPP Loan of amount $989,953, the current approved amount is $989,953. The loan was approved on 04/14/2020 by The ChoiceOne Bank reported 165 jobs and $989,953 was used to fund payroll.

Innovative housing development corporation is Existing or more than 2 years old

PPP Loan Search / MI / FORT GRATIOT / Innovative housing development corporation

INNOVATIVE HOUSING DEVELOPMENT CORPORATION

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATIVE HOUSING DEVELOPMENT CORPORATION

Borrower Address

3051 COMMERCE DR, STE 5

Borrower City

FORT GRATIOT

Borrower State

MI

Borrower Zip

48059-3820

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

989952.50

Current Approval Amount

989952.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT GRATIOT

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48059-3820

CD

MI-09

Jobs Reported

165

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

791962.00

Mortgage Interest Proceed

0.00

Rent Proceed

197990.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

0.00

Forgiveness Date

;