PPP Loan information for Innovative wireless technologies, inc.

$575,600

Innovative wireless technologies, inc. was initially approved for PPP Loan of amount $575,600, the current approved amount is $575,600. The loan was approved on 04/10/2020 by The Truist Bank reported 40 jobs and $575,600 was used to fund payroll.

Innovative wireless technologies, inc. is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Innovative wireless technologies, inc.

INNOVATIVE WIRELESS TECHNOLOGIES, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INNOVATIVE WIRELESS TECHNOLOGIES, INC.

Borrower Address

1100 MAIN ST

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24504-1700

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

575600.00

Current Approval Amount

575600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

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

24504-1700

CD

VA-05

Jobs Reported

40

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

575600.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

465376.69

Forgiveness Date

05/21/2021

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