PPP Loan information for Innovative machinery packaging and converting inc.

$212,432

Innovative machinery packaging and converting inc. was initially approved for PPP Loan of amount $212,432, the current approved amount is $212,432. The loan was approved on 04/27/2020 by The Pioneer Trust Bank, National Association reported 17 jobs and $212,432 was used to fund payroll.

Innovative machinery packaging and converting inc. is Existing or more than 2 years old

PPP Loan Search / OR / Salem / Innovative machinery packaging and converting inc.

INNOVATIVE MACHINERY PACKAGING AND CONVERTING INC.

Date Approved

04/27/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

INNOVATIVE MACHINERY PACKAGING AND CONVERTING INC.

Borrower Address

1828 23rd Street SE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97302-1223

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212432.00

Current Approval Amount

212432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59705

Servicing Lender Name

Pioneer Trust Bank, National Association

Servicing Lender Address

109 Commercial St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97302-1223

CD

OR-06

Jobs Reported

17

NAICS Code

315110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

212432.00

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

59705

Originating Lender

Pioneer Trust Bank, National Association

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

213596.01

Forgiveness Date

11/17/2020

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