PPP Loan information for Innovative payroll processing inc innovative payroll service

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATIVE PAYROLL PROCESSING INC INNOVATIVE PAYROLL SERVICE

Borrower Address

12740 W WARREN AVE STE 200

Borrower City

DEARBORN

Borrower State

MI

Borrower Zip

48126

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56040.00

Current Approval Amount

56040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEARBORN

Project County Name

WAYNE

Project State

MI

Project Zip

48126-0001

CD

MI-12

Jobs Reported

5

NAICS Code

541214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1208.00

Payroll Proceed

44832.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56538.85

Forgiveness Date

03/25/2021