Innovative Heating & Energy, LLC

$240,600 PPP Loan in Shipshewana, Indiana

Loan Details

Loan Number
3036407100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$240,600
Current Approval
$240,600
Forgiveness Amount
$242,244
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Heating & Energy, LLC
Address
3790 N State Road 5
State
Indiana
ZIP Code
46565-9094
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$180,450
Mortgage Interest
$60,150

Lender Information

Servicing Lender
First State Bank of Middlebury
Originating Lender
First State Bank of Middlebury

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