PPP Loan information for Innovative machine specialists, inc.

$1,116,000

Innovative machine specialists, inc. was initially approved for PPP Loan of amount $1,116,000, the current approved amount is $1,116,000. The loan was approved on 04/11/2020 by The BMO Harris Bank National Association reported 68 jobs and $1,116,000 was used to fund payroll.

Innovative machine specialists, inc. is Existing or more than 2 years old

INNOVATIVE MACHINE SPECIALISTS, INC.

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

INNOVATIVE MACHINE SPECIALISTS, INC.

Borrower Address

1907 Laemle Ave

Borrower City

MARSHFIELD

Borrower State

WI

Borrower Zip

54449-4640

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1116000.00

Current Approval Amount

1116000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHFIELD

Project County Name

WOOD

Project State

WI

Project Zip

54449-4640

CD

WI-07

Jobs Reported

68

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1116000.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1126517.92

Forgiveness Date

04/01/2021

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