PPP Loan information for Innovative lighting llc

$423,618

Innovative lighting llc was initially approved for PPP Loan of amount $423,618, the current approved amount is $423,618. The loan was approved on 01/23/2021 by The Iowa State Bank reported 47 jobs and $423,618 was used to fund payroll.

Innovative lighting llc is Existing or more than 2 years old

INNOVATIVE LIGHTING LLC

Date Approved

01/23/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

INNOVATIVE LIGHTING LLC

Borrower Address

109 Progressive Dr

Borrower City

Roland

Borrower State

IA

Borrower Zip

50236-7705

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

423618.00

Current Approval Amount

423618.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roland

Project County Name

STORY

Project State

IA

Project Zip

50236-7705

CD

IA-04

Jobs Reported

47

NAICS Code

335122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

423616.00

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

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

425218.33

Forgiveness Date

06/15/2021

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