PPP Loan information for Innovate financial inc.

$60,395

Innovate financial inc. was initially approved for PPP Loan of amount $60,395, the current approved amount is $60,395. The loan was approved on 04/28/2020 by The Bremer Bank, National Association reported 3 jobs and $60,395 was used to fund payroll.

Innovate financial inc. is Existing or more than 2 years old

INNOVATE FINANCIAL INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATE FINANCIAL INC.

Borrower Address

8120 PENN AVE. SOUTH, SUITE 565

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55431

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60395.00

Current Approval Amount

60395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55431-1000

CD

MN-03

Jobs Reported

3

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60395.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60808.66

Forgiveness Date

01/07/2021

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