Innovative Formulations International Inc.

$115,600 PPP Loan in Newnan, Georgia

Loan Details

Loan Number
3048067102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$115,600
Current Approval
$108,988
Forgiveness Amount
$109,566
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Formulations International Inc.
Address
14 Jefferson Place
City
Newnan
State
Georgia
ZIP Code
30263-1469
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325611)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$11.9M
Rural/Urban
Rural
Congressional District
GA-03

Loan Use Breakdown

Payroll
$108,988

Lender Information

Servicing Lender
Lendingclub Bank, National Association
Originating Lender
Lendingclub Bank, National Association

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