PPP Loan information for Innovative construction inc.

$389,433

Innovative construction inc. was initially approved for PPP Loan of amount $389,433, the current approved amount is $389,433. The loan was approved on 02/07/2021 by The BankNewport reported 33 jobs and $389,433 was used to fund payroll.

Innovative construction inc. is Existing or more than 2 years old

PPP Loan Search / RI / Tiverton / Innovative construction inc.

INNOVATIVE CONSTRUCTION INC.

Date Approved

02/07/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

INNOVATIVE CONSTRUCTION INC.

Borrower Address

295 Main Rd

Borrower City

Tiverton

Borrower State

RI

Borrower Zip

02878-1321

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

389433.08

Current Approval Amount

389433.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tiverton

Project County Name

NEWPORT

Project State

RI

Project Zip

02878-1321

CD

RI-01

Jobs Reported

33

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

389430.08

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

392143.11

Forgiveness Date

10/22/2021

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