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Innovative Technologies Inc.

$74,200 PPP Loan in Kalkaska, Michigan

Loan Details

Loan Number
7979057204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$74,200
Current Approval
$74,200
Forgiveness Amount
$74,710
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Technologies Inc.
Address
406 S. Cedar Street
City
Kalkaska
State
Michigan
ZIP Code
49646-5120
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$57,400
Rent
$4,800
Utilities
$2,400
Debt Interest
$9,600

Lender Information

Servicing Lender
State Savings Bank
Originating Lender
State Savings Bank

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