PPP Loan information for New innovations inc

$1,342,500

New innovations inc was initially approved for PPP Loan of amount $1,342,500, the current approved amount is $1,342,500. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 78 jobs and $1,342,500 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

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

NEW INNOVATIONS INC

Borrower Address

3540 FOREST LAKE DR

Borrower City

UNIONTOWN

Borrower State

OH

Borrower Zip

44685-8105

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1342500.00

Current Approval Amount

1342500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

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

44685-8105

CD

OH-13

Jobs Reported

78

NAICS Code

511210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1342500.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1352494.17

Forgiveness Date

01/14/2021

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