PPP Loan information for Innovative tool llc

$437,500

Innovative tool llc was initially approved for PPP Loan of amount $437,500, the current approved amount is $437,500. The loan was approved on 02/02/2021 by The First US Bank reported 37 jobs and $437,500 was used to fund payroll.

Innovative tool llc is Existing or more than 2 years old

PPP Loan Search / TN / Clinton / Innovative tool llc

INNOVATIVE TOOL LLC

Date Approved

02/02/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

INNOVATIVE TOOL LLC

Borrower Address

1325 Carden Farm Dr

Borrower City

Clinton

Borrower State

TN

Borrower Zip

37716-4129

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

437500.00

Current Approval Amount

437500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3307

Servicing Lender Name

First US Bank

Servicing Lender Address

3291 US Hwy 280

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-4109

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

ANDERSON

Project State

TN

Project Zip

37716-4129

CD

TN-03

Jobs Reported

37

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

437500.00

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

3307

Originating Lender

First US Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

440380.21

Forgiveness Date

09/29/2021

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