PPP Loan information for Innovative design and engineering assoc

$263,423

Innovative design and engineering assoc was initially approved for PPP Loan of amount $263,423, the current approved amount is $263,423. The loan was approved on 01/25/2021 by The First Merchants Bank reported 10 jobs and $263,423 was used to fund payroll.

Innovative design and engineering assoc is Existing or more than 2 years old

PPP Loan Search / MI / Southfield / Innovative design and engineering assoc

INNOVATIVE DESIGN AND ENGINEERING ASSOC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INNOVATIVE DESIGN AND ENGINEERING ASSOC

Borrower Address

24445 Northwestern Hwy Ste 214

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48075-2437

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263422.50

Current Approval Amount

263422.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-2437

CD

MI-12

Jobs Reported

10

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

263416.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267485.70

Forgiveness Date

08/15/2022

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