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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORGAN
Project State
Project Zip
CD
AL-05
Jobs Reported
30
NAICS Code
611620
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
393276.22
Forgiveness Date
03/03/2021