PPP Loan information for Innovative industries, inc.

$181,200

Innovative industries, inc. was initially approved for PPP Loan of amount $92,800, the current approved amount is $181,200. The loan was approved on 04/04/2020 by The The First National Bank in Creston reported 29 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

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

INNOVATIVE INDUSTRIES, INC.

Borrower Address

215 N WALNUT ST

Borrower City

CRESTON

Borrower State

IA

Borrower Zip

50801-2441

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92800.00

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

29

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181200.00

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

172303.29

Forgiveness Date

12/02/2020

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