PPP Loan information for Innovation electric, llc

$39,812

Innovation electric, llc was initially approved for PPP Loan of amount $39,812, the current approved amount is $39,812. The loan was approved on 04/28/2020 by The Christian Financial CU reported 4 jobs and $39,812 was used to fund payroll.

Innovation electric, llc is Existing or more than 2 years old

INNOVATION ELECTRIC, LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATION ELECTRIC, LLC

Borrower Address

7888 TUBSPRING RD

Borrower City

ALMONT

Borrower State

MI

Borrower Zip

48003-8207

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39811.90

Current Approval Amount

39811.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99368

Servicing Lender Name

Christian Financial CU

Servicing Lender Address

35100 Van Dyke Ave

Servicing Lender City

STERLING HEIGHTS

Servicing Lender State

MI

Servicing Lender Zip

48312-3553

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMONT

Project County Name

LAPEER

Project State

MI

Project Zip

48003-8207

CD

MI-09

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

39811.90

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

Limited Liability Company(LLC)

Originating Lender Location Id

99368

Originating Lender

Christian Financial CU

Originating Lender City

STERLING HEIGHTS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40030.05

Forgiveness Date

11/25/2020

;