PPP Loan information for Innovative machining solutions llc

$130,520

Innovative machining solutions llc was initially approved for PPP Loan of amount $130,520, the current approved amount is $130,520. The loan was approved on 02/24/2021 by The The Park National Bank reported 16 jobs and $130,520 was used to fund payroll.

Innovative machining solutions llc is Existing or more than 2 years old

PPP Loan Search / OH / Coldwater / Innovative machining solutions llc

INNOVATIVE MACHINING SOLUTIONS LLC

Date Approved

02/24/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

INNOVATIVE MACHINING SOLUTIONS LLC

Borrower Address

127 W Sycamore St

Borrower City

Coldwater

Borrower State

OH

Borrower Zip

45828-1853

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130520.00

Current Approval Amount

130520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coldwater

Project County Name

MERCER

Project State

OH

Project Zip

45828-1853

CD

OH-05

Jobs Reported

16

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

130517.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130945.53

Forgiveness Date

06/28/2021

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