PPP Loan information for Innovative corrosion control inc.

$306,000

Innovative corrosion control inc. was initially approved for PPP Loan of amount $306,000, the current approved amount is $306,000. The loan was approved on 01/25/2021 by The Frost Bank reported 30 jobs and $306,000 was used to fund payroll.

Innovative corrosion control inc. is Existing or more than 2 years old

PPP Loan Search / TX / New Braunfels / Innovative corrosion control inc.

INNOVATIVE CORROSION CONTROL INC.

Date Approved

01/25/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

INNOVATIVE CORROSION CONTROL INC.

Borrower Address

1385 Wald Rd

Borrower City

New Braunfels

Borrower State

TX

Borrower Zip

78132-5014

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306000.00

Current Approval Amount

306000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Braunfels

Project County Name

COMAL

Project State

TX

Project Zip

78132-5014

CD

TX-21

Jobs Reported

30

NAICS Code

562910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

305999.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253784.12

Forgiveness Date

04/21/2022

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