PPP Loan information for New innovations inc

$1,403,085

New innovations inc was initially approved for PPP Loan of amount $1,403,085, the current approved amount is $1,403,085. The loan was approved on 01/22/2021 by The Itria Ventures LLC reported 78 jobs and $1,403,085 was used to fund payroll.

New innovations inc is Existing or more than 2 years old

PPP Loan Search / OH / UNIONTOWN / New innovations inc

NEW INNOVATIONS INC

Date Approved

01/22/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

NEW INNOVATIONS INC

Borrower Address

3540

Borrower City

UNIONTOWN

Borrower State

OH

Borrower Zip

44685

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1403084.78

Current Approval Amount

1403084.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNIONTOWN

Project County Name

SUMMIT

Project State

OH

Project Zip

44685

CD

OH-07

Jobs Reported

78

NAICS Code

511210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1403080.78

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1417778.20

Forgiveness Date

03/02/2022

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