PPP Loan information for Innovative design fabrication llc

$97,500

Innovative design fabrication llc was initially approved for PPP Loan of amount $97,500, the current approved amount is $97,500. The loan was approved on 02/13/2021 by The First Merchants Bank reported 10 jobs and $97,500 was used to fund payroll.

Innovative design fabrication llc is Existing or more than 2 years old

INNOVATIVE DESIGN FABRICATION LLC

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INNOVATIVE DESIGN FABRICATION LLC

Borrower Address

24601 Jefferson Ave

Borrower City

Saint Clair Shores

Borrower State

MI

Borrower Zip

48080-2899

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97500.00

Current Approval Amount

97500.00

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

Saint Clair Shores

Project County Name

MACOMB

Project State

MI

Project Zip

48080-2899

CD

MI-10

Jobs Reported

10

NAICS Code

314910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98215.89

Forgiveness Date

11/10/2021

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