Date Approved
02/13/2021
SBA Office Code
0508
Processing Method
PPP
Borrower Name
INNOVATION ELECTRIC LLC
Borrower Address
23901 E Burns Valley Rd
Borrower City
Winona
Borrower State
MN
Borrower Zip
55987-6381
Loan Status Date
08/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
5480.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
108443
Servicing Lender Name
Altra FCU
Servicing Lender Address
1700 Oak Forest Dr
Servicing Lender City
ONALASKA
Servicing Lender State
WI
Servicing Lender Zip
54650-3500
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WINONA
Project State
Project Zip
CD
MN-01
Jobs Reported
1
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
5557.33
Forgiveness Date
07/07/2022