PPP Loan information for Innovative marine electronics inc

$482,949

Innovative marine electronics inc was initially approved for PPP Loan of amount $482,949, the current approved amount is $482,949. The loan was approved on 03/12/2021 by The Centennial Bank reported 30 jobs and $482,949 was used to fund payroll.

Innovative marine electronics inc is Existing or more than 2 years old

INNOVATIVE MARINE ELECTRONICS INC

Date Approved

03/12/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

INNOVATIVE MARINE ELECTRONICS INC

Borrower Address

3229 S Andrews Ave

Borrower City

Fort Lauderdale

Borrower State

FL

Borrower Zip

33316-4109

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

482948.85

Current Approval Amount

482948.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Lauderdale

Project County Name

BROWARD

Project State

FL

Project Zip

33316-4109

CD

FL-25

Jobs Reported

30

NAICS Code

423910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

482943.85

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

487870.96

Forgiveness Date

03/31/2022

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