Innovative Tool LLC

$361,000 PPP Loan in Clinton, Tennessee

Loan Details

Loan Number
8171777003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$361,000
Current Approval
$361,000
Forgiveness Amount
$363,226
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Tool LLC
Address
1325 Carden Farm Dr
ZIP Code
37716-4129
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
TN-03

Loan Use Breakdown

Payroll
$330,000
Utilities
$15,000
Mortgage Interest
$16,000

Lender Information

Servicing Lender
Tnbank
Originating Lender
Tnbank

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