PPP Loan information for Innovative turnaround controls, ltd.

$2,911,033

Innovative turnaround controls, ltd. was initially approved for PPP Loan of amount $2,911,033, the current approved amount is $2,911,033. The loan was approved on 04/09/2020 by The Bank of Houston reported 87 jobs and $2,911,033 was used to fund payroll.

Innovative turnaround controls, ltd. is Existing or more than 2 years old

PPP Loan Search / TX / HOUSTON / Innovative turnaround controls, ltd.

INNOVATIVE TURNAROUND CONTROLS, LTD.

Date Approved

04/09/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

INNOVATIVE TURNAROUND CONTROLS, LTD.

Borrower Address

16610 Sea Lark Road

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77062-5819

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2911033.00

Current Approval Amount

2911033.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69787

Servicing Lender Name

Bank of Houston

Servicing Lender Address

4400 Post Oak Pkwy, Ste 2260

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77027-3434

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77062-5819

CD

TX-36

Jobs Reported

87

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1734.00

Payroll Proceed

2829510.00

Mortgage Interest Proceed

0.00

Rent Proceed

27000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

27789

Business Type

Limited Liability Partnership

Originating Lender Location Id

69787

Originating Lender

Bank of Houston

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2947879.50

Forgiveness Date

07/26/2021

;