PPP Loan information for Innovative works inc.

$139,617

Innovative works inc. was initially approved for PPP Loan of amount $139,617, the current approved amount is $139,617. The loan was approved on 02/04/2021 by The First Merchants Bank reported 30 jobs and $139,617 was used to fund payroll.

Innovative works inc. is Existing or more than 2 years old

INNOVATIVE WORKS INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INNOVATIVE WORKS INC.

Borrower Address

28323 Anchor Dr

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48047-5300

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139617.00

Current Approval Amount

139617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48047-5300

CD

MI-09

Jobs Reported

30

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

139617.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140141.04

Forgiveness Date

06/23/2021

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