PPP Loan information for Innovative technologies international inc

$885,000

Innovative technologies international inc was initially approved for PPP Loan of amount $885,000, the current approved amount is $885,000. The loan was approved on 01/26/2021 by The Bank of the James reported 44 jobs and $885,000 was used to fund payroll.

Innovative technologies international inc is Existing or more than 2 years old

PPP Loan Search / VA / Lynchburg / Innovative technologies international inc

INNOVATIVE TECHNOLOGIES INTERNATIONAL INC

Date Approved

01/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

INNOVATIVE TECHNOLOGIES INTERNATIONAL INC

Borrower Address

220 Jefferson Ridge Pkwy

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24501-6953

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

885000.00

Current Approval Amount

885000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24501-6953

CD

VA-05

Jobs Reported

44

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

884998.00

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

Subchapter S Corporation

Originating Lender Location Id

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

890137.92

Forgiveness Date

08/27/2021

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