Innovative Manufacturing INC

$347,639 PPP Loan in Hillsborough, New Jersey

Loan Details

Loan Number
6197258300
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$347,639
Current Approval
$347,639
Forgiveness Amount
$352,071
Forgiveness Date
May 12, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Innovative Manufacturing INC
Address
198 US Highway 206
ZIP Code
08844-4138
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$347,634
Utilities
$1

Lender Information

Servicing Lender
Magyar Bank
Originating Lender
Magyar Bank

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