PPP Loan information for Innovative laboratories inc

$53,880

Innovative laboratories inc was initially approved for PPP Loan of amount $53,880, the current approved amount is $53,880. The loan was approved on 02/08/2021 by The Cache Valley Bank reported 27 jobs and $53,880 was used to fund payroll.

Innovative laboratories inc is Existing or more than 2 years old

INNOVATIVE LABORATORIES INC

Date Approved

02/08/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

INNOVATIVE LABORATORIES INC

Borrower Address

982 E Factory Dr

Borrower City

St George

Borrower State

UT

Borrower Zip

84790-4892

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53880.00

Current Approval Amount

53880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St George

Project County Name

WASHINGTON

Project State

UT

Project Zip

84790-4892

CD

UT-02

Jobs Reported

27

NAICS Code

311911

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

53874.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54263.15

Forgiveness Date

11/03/2021

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