PPP Loan information for Innovative machine & tool, inc.

$166,400

Innovative machine & tool, inc. was initially approved for PPP Loan of amount $166,400, the current approved amount is $166,400. The loan was approved on 04/16/2020 by The Citizens Bank reported 12 jobs and $166,400 was used to fund payroll.

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

PPP Loan Search / MO / UNION / Innovative machine & tool, inc.

INNOVATIVE MACHINE & TOOL, INC.

Date Approved

04/16/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

INNOVATIVE MACHINE & TOOL, INC.

Borrower Address

1300 STYLEMASTER DR

Borrower City

UNION

Borrower State

MO

Borrower Zip

63084-1155

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166400.00

Current Approval Amount

166400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41168

Servicing Lender Name

Citizens Bank

Servicing Lender Address

100 Circle Dr

Servicing Lender City

NEW HAVEN

Servicing Lender State

MO

Servicing Lender Zip

63068-1183

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

UNION

Project County Name

FRANKLIN

Project State

MO

Project Zip

63084-1155

CD

MO-02

Jobs Reported

12

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

166400.00

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

41168

Originating Lender

Citizens Bank

Originating Lender City

NEW HAVEN

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

167767.67

Forgiveness Date

02/18/2021

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