PPP Loan information for Innovative tool llc

$361,000

Innovative tool llc was initially approved for PPP Loan of amount $361,000, the current approved amount is $361,000. The loan was approved on 04/08/2020 by The TNBANK reported 30 jobs and $361,000 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

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

INNOVATIVE TOOL LLC

Borrower Address

1325 CARDEN FARM DR

Borrower City

CLINTON

Borrower State

TN

Borrower Zip

37716-4129

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

361000.00

Current Approval Amount

361000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119482

Servicing Lender Name

TNBANK

Servicing Lender Address

401 S Illinois Ave

Servicing Lender City

OAK RIDGE

Servicing Lender State

TN

Servicing Lender Zip

37830-7510

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

30

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

330000.00

Mortgage Interest Proceed

16000.00

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

119482

Originating Lender

TNBANK

Originating Lender City

OAK RIDGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

363226.17

Forgiveness Date

11/27/2020

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