PPP Loan information for Innovative machining technology, inc.

$735,900

Innovative machining technology, inc. was initially approved for PPP Loan of amount $735,900, the current approved amount is $735,900. The loan was approved on 04/15/2020 by The Tompkins Community Bank reported 49 jobs and $735,900 was used to fund payroll.

Innovative machining technology, inc. is Existing or more than 2 years old

PPP Loan Search / PA / Boyertown / Innovative machining technology, inc.

INNOVATIVE MACHINING TECHNOLOGY, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

INNOVATIVE MACHINING TECHNOLOGY, INC.

Borrower Address

8 Rowell Road

Borrower City

Boyertown

Borrower State

PA

Borrower Zip

19465

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

735900.00

Current Approval Amount

735900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47331

Servicing Lender Name

Tompkins Community Bank

Servicing Lender Address

118 East Seneca St

Servicing Lender City

ITHACA

Servicing Lender State

NY

Servicing Lender Zip

14850

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boyertown

Project County Name

CHESTER

Project State

PA

Project Zip

19465-1000

CD

PA-06

Jobs Reported

49

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

735900.00

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

47331

Originating Lender

Tompkins Community Bank

Originating Lender City

ITHACA

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

744629.99

Forgiveness Date

07/07/2021

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