PPP Loan information for Innova industries inc.

$527,532

Innova industries inc. was initially approved for PPP Loan of amount $527,532, the current approved amount is $527,532. The loan was approved on 01/16/2021 by The American Federal Bank reported 62 jobs and $527,532 was used to fund payroll.

Innova industries inc. is Existing or more than 2 years old

PPP Loan Search / MN / Fergus Falls / Innova industries inc.

INNOVA INDUSTRIES INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

INNOVA INDUSTRIES INC.

Borrower Address

730 W Fir Ave

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537-1123

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

527532.00

Current Approval Amount

527532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81371

Servicing Lender Name

American Federal Bank

Servicing Lender Address

215 5th St N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4867

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-1123

CD

MN-07

Jobs Reported

62

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

527526.00

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

81371

Originating Lender

American Federal Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

531605.72

Forgiveness Date

10/27/2021

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