PPP Loan information for Innovative design engineering associates inc.

$307,850

Innovative design engineering associates inc. was initially approved for PPP Loan of amount $307,850, the current approved amount is $307,850. The loan was approved on 03/16/2021 by The KeyBank National Association reported 18 jobs and $307,850 was used to fund payroll.

Innovative design engineering associates inc. is Existing or more than 2 years old

INNOVATIVE DESIGN ENGINEERING ASSOCIATES INC.

Date Approved

03/16/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

INNOVATIVE DESIGN ENGINEERING ASSOCIATES INC.

Borrower Address

612 Wheelers Farms Rd

Borrower City

Milford

Borrower State

CT

Borrower Zip

06461-1673

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

307850.00

Current Approval Amount

307850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06461-1673

CD

CT-03

Jobs Reported

18

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

307846.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309351.30

Forgiveness Date

09/27/2021

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