PPP Loan information for Innovative machine & supply, inc.

$29,200

Innovative machine & supply, inc. was initially approved for PPP Loan of amount $29,200, the current approved amount is $29,200. The loan was approved on 04/06/2020 by The Montgomery Bank reported 5 jobs and $29,200 was used to fund payroll.

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

PPP Loan Search / MO / FENTON / Innovative machine & supply, inc.

INNOVATIVE MACHINE & SUPPLY, INC.

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

INNOVATIVE MACHINE & SUPPLY, INC.

Borrower Address

345 Sun Valley Circle

Borrower City

FENTON

Borrower State

MO

Borrower Zip

63026-4693

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29200.00

Current Approval Amount

29200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-4693

CD

MO-08

Jobs Reported

5

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3650.00

Payroll Proceed

21900.00

Mortgage Interest Proceed

3650.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29404.40

Forgiveness Date

12/28/2020

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