PPP Loan information for Innovative handling systems

$66,815

Innovative handling systems was initially approved for PPP Loan of amount $66,815, the current approved amount is $66,815. The loan was approved on 05/01/2020 by The Forcht Bank, National Association reported 4 jobs and $66,815 was used to fund payroll.

Innovative handling systems is Existing or more than 2 years old

INNOVATIVE HANDLING SYSTEMS

Date Approved

05/01/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

INNOVATIVE HANDLING SYSTEMS

Borrower Address

2420 PETERSBURG RD

Borrower City

HEBRON

Borrower State

KY

Borrower Zip

41048-9558

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66815.00

Current Approval Amount

66815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

282649

Servicing Lender Name

Forcht Bank, National Association

Servicing Lender Address

2404 Sir Barton Way

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HEBRON

Project County Name

BOONE

Project State

KY

Project Zip

41048-9558

CD

KY-04

Jobs Reported

4

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13363.00

Payroll Proceed

53452.00

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

282649

Originating Lender

Forcht Bank, National Association

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67154.64

Forgiveness Date

11/05/2020

;