PPP Loan information for Innovative industries inc

$181,200

Innovative industries inc was initially approved for PPP Loan of amount $181,200, the current approved amount is $181,200. The loan was approved on 02/18/2021 by The The First National Bank in Creston reported 88 jobs and $181,200 was used to fund payroll.

Innovative industries inc is Existing or more than 2 years old

INNOVATIVE INDUSTRIES INC

Date Approved

02/18/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

INNOVATIVE INDUSTRIES INC

Borrower Address

215 N Walnut St

Borrower City

Creston

Borrower State

IA

Borrower Zip

50801-2441

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

181200.00

Current Approval Amount

181200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24817

Servicing Lender Name

The First National Bank in Creston

Servicing Lender Address

101 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3104

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Creston

Project County Name

UNION

Project State

IA

Project Zip

50801-2441

CD

IA-03

Jobs Reported

88

NAICS Code

321920

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

181198.00

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

24817

Originating Lender

The First National Bank in Creston

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182010.37

Forgiveness Date

08/02/2021

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