Date Approved
02/10/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
INNOVATION DEPOT INC
Borrower Address
1500 1st Ave N
Borrower City
Birmingham
Borrower State
AL
Borrower Zip
35203-1865
Loan Status Date
Loan Status
Exemption 4
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
121815.00
Current Approval Amount
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
Servicing Lender Zip
35203
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
JEFFERSON
Project State
Project Zip
CD
AL-07
Jobs Reported
7
NAICS Code
531120
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
121813.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
Forgiveness Date