PPP Loan information for Innovative electrical solutions

$68,745

Innovative electrical solutions was initially approved for PPP Loan of amount $68,745, the current approved amount is $68,745. The loan was approved on 05/01/2020 by The Cross River Bank reported 12 jobs and $68,745 was used to fund payroll.

Innovative electrical solutions is Existing or more than 2 years old

INNOVATIVE ELECTRICAL SOLUTIONS

Date Approved

05/01/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

INNOVATIVE ELECTRICAL SOLUTIONS

Borrower Address

3195 Dayton Xenia Road Suite 900 PMB 150

Borrower City

Beavercreek

Borrower State

OH

Borrower Zip

45434

Loan Status Date

03/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68745.00

Current Approval Amount

68745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beavercreek

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45434-0001

CD

OH-10

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68745.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69210.21

Forgiveness Date

01/07/2021

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