PPP Loan information for Innovation foundation inc

$20,832

Innovation foundation inc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 02/25/2021 by The Regions Bank reported 2 jobs and $20,832 was used to fund payroll.

Innovation foundation inc is Existing or more than 2 years old

INNOVATION FOUNDATION INC

Date Approved

02/25/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

INNOVATION FOUNDATION INC

Borrower Address

3145 Brandau Rd

Borrower City

Hermitage

Borrower State

TN

Borrower Zip

37076-3504

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hermitage

Project County Name

DAVIDSON

Project State

TN

Project Zip

37076-3504

CD

TN-05

Jobs Reported

2

NAICS Code

611610

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Professional Association

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21072.85

Forgiveness Date

04/28/2022

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