PPP Loan information for Initial independence incorporated

$346,700

Initial independence incorporated was initially approved for PPP Loan of amount $346,700, the current approved amount is $346,700. The loan was approved on 04/15/2020 by The Regions Bank reported 42 jobs and $346,700 was used to fund payroll.

Initial independence incorporated is Existing or more than 2 years old

INITIAL INDEPENDENCE INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

INITIAL INDEPENDENCE INCORPORATED

Borrower Address

410 Jungermann rd,

Borrower City

Saint Peters

Borrower State

MO

Borrower Zip

63376-2749

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346700.00

Current Approval Amount

346700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Peters

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63376-2749

CD

MO-03

Jobs Reported

42

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

346700.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

348989.17

Forgiveness Date

12/22/2020

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