Innovative Machining Inc.

$256,105 PPP Loan in Milpitas, California

Loan Details

Loan Number
5668197106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$256,105
Current Approval
$256,105
Forgiveness Amount
$247,963
Forgiveness Date
Jul 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Machining Inc.
Address
845 Yosemite Way
ZIP Code
95035-6329
Business Type
Corporation
Industry (NAICS)
Manufacturing (333314)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$204,884
Rent
$30,000
Utilities
$20,097
Debt Interest
$1,124

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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