PPP Loan information for Innovative machining inc

$76,187

Innovative machining inc was initially approved for PPP Loan of amount $76,187, the current approved amount is $76,187. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 12 jobs and $76,187 was used to fund payroll.

Innovative machining inc is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Innovative machining inc

INNOVATIVE MACHINING INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INNOVATIVE MACHINING INC

Borrower Address

568 LAKE ST N

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76187.00

Current Approval Amount

76187.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76187.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76654.70

Forgiveness Date

12/30/2020

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