PPP Loan information for Innovative insurance group llc

$545,500

Innovative insurance group llc was initially approved for PPP Loan of amount $545,500, the current approved amount is $545,500. The loan was approved on 04/07/2020 by The Citizens Bank and Trust Company reported 44 jobs and $545,500 was used to fund payroll.

Innovative insurance group llc is Existing or more than 2 years old

PPP Loan Search / VA / KENBRIDGE / Innovative insurance group llc

INNOVATIVE INSURANCE GROUP LLC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INNOVATIVE INSURANCE GROUP LLC

Borrower Address

820 E FIFTH AVE PO BOX 440

Borrower City

KENBRIDGE

Borrower State

VA

Borrower Zip

23944-2054

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545500.00

Current Approval Amount

545500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73109

Servicing Lender Name

Citizens Bank and Trust Company

Servicing Lender Address

126 S Main St

Servicing Lender City

BLACKSTONE

Servicing Lender State

VA

Servicing Lender Zip

23824-1842

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENBRIDGE

Project County Name

LUNENBURG

Project State

VA

Project Zip

23944-2054

CD

VA-05

Jobs Reported

44

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

417812.00

Mortgage Interest Proceed

109118.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18570.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

73109

Originating Lender

Citizens Bank and Trust Company

Originating Lender City

BLACKSTONE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

550103.12

Forgiveness Date

02/19/2021

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