PPP Loan information for Innovative optics, inc.

$117,000

Innovative optics, inc. was initially approved for PPP Loan of amount $117,000, the current approved amount is $117,000. The loan was approved on 01/16/2021 by The Falcon National Bank reported 9 jobs and $117,000 was used to fund payroll.

Innovative optics, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Maple Grove / Innovative optics, inc.

INNOVATIVE OPTICS, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

INNOVATIVE OPTICS, INC.

Borrower Address

6812 Hemlock Ln N

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369-5655

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117000.00

Current Approval Amount

117000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maple Grove

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-5655

CD

MN-03

Jobs Reported

9

NAICS Code

339115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

116998.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

117740.47

Forgiveness Date

09/09/2021

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