PPP Loan information for Innovative concepts engineering, inc

$254,871

Innovative concepts engineering, inc was initially approved for PPP Loan of amount $190,997, the current approved amount is $254,871. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $254,871 was used to fund payroll.

Innovative concepts engineering, inc is New Business or 2 years or less

PPP Loan Search / MD / GREENBELT / Innovative concepts engineering, inc

INNOVATIVE CONCEPTS ENGINEERING, INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INNOVATIVE CONCEPTS ENGINEERING, INC

Borrower Address

6411 IVY LN STE 606

Borrower City

GREENBELT

Borrower State

MD

Borrower Zip

20770-1405

Loan Status Date

08/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

190997.00

Current Approval Amount

254871.00

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

New Business or 2 years or less

Project City

GREENBELT

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20770-1405

CD

MD-04

Jobs Reported

9

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254871.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62683.07

Forgiveness Date

07/19/2022

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