Innovative Optics, LLC

$80,000 PPP Loan in Maple Grove, Minnesota

Loan Details

Loan Number
5667347003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$80,000
Current Approval
$80,000
Forgiveness Amount
$80,764
Forgiveness Date
Mar 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Optics, LLC
Address
6812 Hemlock Ln
ZIP Code
55369-5655
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333314)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$70,000
Rent
$8,000
Utilities
$2,000

Lender Information

Servicing Lender
Falcon National Bank
Originating Lender
Falcon National Bank

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