PPP Loan information for Innovative practice concepts, l.l.c.

$97,300

Innovative practice concepts, l.l.c. was initially approved for PPP Loan of amount $97,300, the current approved amount is $97,300. The loan was approved on 04/10/2020 by The Lake Michigan CU reported 7 jobs and $97,300 was used to fund payroll.

Innovative practice concepts, l.l.c. is Existing or more than 2 years old

INNOVATIVE PRACTICE CONCEPTS, L.L.C.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATIVE PRACTICE CONCEPTS, L.L.C.

Borrower Address

967 Spaulding Ave. SE

Borrower City

Ada

Borrower State

MI

Borrower Zip

49301-3700

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97300.00

Current Approval Amount

97300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98993

Servicing Lender Name

Lake Michigan CU

Servicing Lender Address

5540 Glenwood Hills Pkwy SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49512-2044

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ada

Project County Name

KENT

Project State

MI

Project Zip

49301-3700

CD

MI-03

Jobs Reported

7

NAICS Code

541199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97300.00

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

98993

Originating Lender

Lake Michigan CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98059.48

Forgiveness Date

02/01/2021

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