PPP Loan information for Innovative machine & tool inc.

$154,428

Innovative machine & tool inc. was initially approved for PPP Loan of amount $154,428, the current approved amount is $154,428. The loan was approved on 01/30/2021 by The Citizens Bank reported 13 jobs and $154,428 was used to fund payroll.

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

INNOVATIVE MACHINE & TOOL INC.

Date Approved

01/30/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

INNOVATIVE MACHINE & TOOL INC.

Borrower Address

1300 Stylemaster Dr

Borrower City

Union

Borrower State

MO

Borrower Zip

63084-1155

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154428.00

Current Approval Amount

154428.00

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

13

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

154426.00

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

155033.02

Forgiveness Date

06/28/2021

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