PPP Loan information for Innovative machining technology inc.

$743,107

Innovative machining technology inc. was initially approved for PPP Loan of amount $743,107, the current approved amount is $743,107. The loan was approved on 03/27/2021 by The Tompkins Community Bank reported 48 jobs and $743,107 was used to fund payroll.

Innovative machining technology inc. is Existing or more than 2 years old

PPP Loan Search / PA / Boyertown / Innovative machining technology inc.

INNOVATIVE MACHINING TECHNOLOGY INC.

Date Approved

03/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

INNOVATIVE MACHINING TECHNOLOGY INC.

Borrower Address

8 Rowell Rd

Borrower City

Boyertown

Borrower State

PA

Borrower Zip

19512-8923

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

743106.75

Current Approval Amount

743106.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47331

Servicing Lender Name

Tompkins Community Bank

Servicing Lender Address

118 East Seneca St

Servicing Lender City

ITHACA

Servicing Lender State

NY

Servicing Lender Zip

14850

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boyertown

Project County Name

BERKS

Project State

PA

Project Zip

19512-8923

CD

PA-04

Jobs Reported

48

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

743102.75

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

Corporation

Originating Lender Location Id

47331

Originating Lender

Tompkins Community Bank

Originating Lender City

ITHACA

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

752207.26

Forgiveness Date

06/23/2022

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