PPP Loan information for Possibility innovation

$87,500

Possibility innovation was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 02/01/2021 by The Itria Ventures LLC reported 6 jobs and $87,500 was used to fund payroll.

Possibility innovation is Existing or more than 2 years old

POSSIBILITY INNOVATION

Date Approved

02/01/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

POSSIBILITY INNOVATION

Borrower Address

8189

Borrower City

CORDOVA

Borrower State

TN

Borrower Zip

38016

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORDOVA

Project County Name

SHELBY

Project State

TN

Project Zip

38016

CD

TN-07

Jobs Reported

6

NAICS Code

519130

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87498.00

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

Sole Proprietorship

Originating Lender Location Id

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88314.24

Forgiveness Date

02/02/2022

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