PPP Loan information for Innovative power llc

$121,700

Innovative power llc was initially approved for PPP Loan of amount $121,700, the current approved amount is $121,700. The loan was approved on 04/11/2020 by The Live Oak Banking Company reported 9 jobs and $121,700 was used to fund payroll.

Innovative power llc is New Business or 2 years or less

PPP Loan Search / VA / Sterling / Innovative power llc

INNOVATIVE POWER LLC

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INNOVATIVE POWER LLC

Borrower Address

43676 Trade Center Pl, Unit 125 Unit 125

Borrower City

Sterling

Borrower State

VA

Borrower Zip

20166-2122

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121700.00

Current Approval Amount

121700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Sterling

Project County Name

LOUDOUN

Project State

VA

Project Zip

20166-2122

CD

VA-10

Jobs Reported

9

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121700.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122783.63

Forgiveness Date

03/09/2021

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