PPP Loan information for Innovative v, llc

$390,005

Innovative v, llc was initially approved for PPP Loan of amount $390,005, the current approved amount is $390,005. The loan was approved on 04/27/2020 by The Oxford Bank reported 30 jobs and $390,005 was used to fund payroll.

Innovative v, llc is Existing or more than 2 years old

INNOVATIVE V, LLC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INNOVATIVE V, LLC

Borrower Address

1629 4TH AVE SE

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35601-4900

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

390004.52

Current Approval Amount

390004.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35601-4900

CD

AL-05

Jobs Reported

30

NAICS Code

611620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

390004.52

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

Corporation

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

393276.22

Forgiveness Date

03/03/2021

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