PPP Loan information for Innovative machine and supply, inc

$197,200

Innovative machine and supply, inc was initially approved for PPP Loan of amount $197,200, the current approved amount is $197,200. The loan was approved on 04/07/2020 by The Mascoma Bank reported 14 jobs and $197,200 was used to fund payroll.

Innovative machine and supply, inc is Existing or more than 2 years old

PPP Loan Search / NH / WINCHESTER / Innovative machine and supply, inc

INNOVATIVE MACHINE AND SUPPLY, INC

Date Approved

04/07/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

INNOVATIVE MACHINE AND SUPPLY, INC

Borrower Address

40 SNOW RD

Borrower City

WINCHESTER

Borrower State

NH

Borrower Zip

03470-2806

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197200.00

Current Approval Amount

197200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43126

Servicing Lender Name

Mascoma Bank

Servicing Lender Address

67 N Park St

Servicing Lender City

LEBANON

Servicing Lender State

NH

Servicing Lender Zip

03766-1317

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

CHESHIRE

Project State

NH

Project Zip

03470-2806

CD

NH-02

Jobs Reported

14

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197200.00

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

43126

Originating Lender

Mascoma Bank

Originating Lender City

LEBANON

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198685.75

Forgiveness Date

01/14/2021

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