PPP Loan information for Innovative transports corporation

$325,653

Innovative transports corporation was initially approved for PPP Loan of amount $325,653, the current approved amount is $325,653. The loan was approved on 05/08/2020 by The Bank of America, National Association reported 35 jobs and $325,653 was used to fund payroll.

Innovative transports corporation is Existing or more than 2 years old

INNOVATIVE TRANSPORTS CORPORATION

Date Approved

05/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

INNOVATIVE TRANSPORTS CORPORATION

Borrower Address

17514 BROOKHURST DR

Borrower City

LAKE OSWEGO

Borrower State

OR

Borrower Zip

97034-5095

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325653.00

Current Approval Amount

325653.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE OSWEGO

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97034-5095

CD

OR-05

Jobs Reported

35

NAICS Code

485210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325653.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318265.13

Forgiveness Date

03/10/2021

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