PPP Loan information for Innovative machine inc

$125,535

Innovative machine inc was initially approved for PPP Loan of amount $125,535, the current approved amount is $125,535. The loan was approved on 01/22/2021 by The Home Bank, National Association reported 6 jobs and $125,535 was used to fund payroll.

Innovative machine inc is Existing or more than 2 years old

INNOVATIVE MACHINE INC

Date Approved

01/22/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

INNOVATIVE MACHINE INC

Borrower Address

626 Iberia St

Borrower City

Youngsville

Borrower State

LA

Borrower Zip

70592-5992

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125535.00

Current Approval Amount

125535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78563

Servicing Lender Name

Home Bank, National Association

Servicing Lender Address

503 Kaliste Saloom Rd

Servicing Lender City

LAFAYETTE

Servicing Lender State

LA

Servicing Lender Zip

70508-4203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Youngsville

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70592-5992

CD

LA-03

Jobs Reported

6

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

125533.00

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

Corporation

Originating Lender Location Id

78563

Originating Lender

Home Bank, National Association

Originating Lender City

LAFAYETTE

Originating Lender State

LA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126267.29

Forgiveness Date

08/27/2021

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