PPP Loan information for Innovative utility products corporation

$69,040

Innovative utility products corporation was initially approved for PPP Loan of amount $69,040, the current approved amount is $69,040. The loan was approved on 02/24/2021 by The U.S. Bank, National Association reported 6 jobs and $69,040 was used to fund payroll.

Innovative utility products corporation is Existing or more than 2 years old

INNOVATIVE UTILITY PRODUCTS CORPORATION

Date Approved

02/24/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

INNOVATIVE UTILITY PRODUCTS CORPORATION

Borrower Address

2524 S 25th Cir

Borrower City

Van Buren

Borrower State

AR

Borrower Zip

72956-6000

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69040.00

Current Approval Amount

69040.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Van Buren

Project County Name

CRAWFORD

Project State

AR

Project Zip

72956-6000

CD

AR-03

Jobs Reported

6

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

69039.00

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

69343.01

Forgiveness Date

08/03/2021

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