PPP Loan information for Innovative machine inc

$131,300

Innovative machine inc was initially approved for PPP Loan of amount $131,300, the current approved amount is $131,300. The loan was approved on 04/28/2020 by The Home Bank, National Association reported 8 jobs and $131,300 was used to fund payroll.

Innovative machine inc is Unanswered

INNOVATIVE MACHINE INC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

INNOVATIVE MACHINE INC

Borrower Address

626 IBERIA ST

Borrower City

YOUNGSVILLE

Borrower State

LA

Borrower Zip

70592

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131300.00

Current Approval Amount

131300.00

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

Unanswered

Project City

YOUNGSVILLE

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70592-0001

CD

LA-03

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131300.00

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

132642.18

Forgiveness Date

05/10/2021

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