PPP Loan information for Innovative technologies inc.

$74,200

Innovative technologies inc. was initially approved for PPP Loan of amount $74,200, the current approved amount is $74,200. The loan was approved on 01/16/2021 by The State Savings Bank reported 9 jobs and $74,200 was used to fund payroll.

Innovative technologies inc. is Existing or more than 2 years old

INNOVATIVE TECHNOLOGIES INC.

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INNOVATIVE TECHNOLOGIES INC.

Borrower Address

406 S Cedar St

Borrower City

Kalkaska

Borrower State

MI

Borrower Zip

49646-5120

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74200.00

Current Approval Amount

74200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalkaska

Project County Name

KALKASKA

Project State

MI

Project Zip

49646-5120

CD

MI-01

Jobs Reported

9

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

74196.00

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

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74604.54

Forgiveness Date

08/16/2021

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