Innovative Products of America, Inc.
$494,300 PPP Loan in Woodstock, New York
Loan Details
- Loan Number
- 9478007005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $494,300
- Current Approval
- $494,300
- Forgiveness Amount
- $500,611
- Forgiveness Date
- Aug 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Innovative Products of America, Inc.
- Address
- 234 Tinker Street
- City
- Woodstock
- State
- New York
- ZIP Code
- 12498-1126
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (336111)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 60
- Estimated Revenue
- $15.7M
- Rural/Urban
- Rural
- Congressional District
- NY-19
Loan Use Breakdown
- Payroll
- $461,784
- Rent
- $26,516
- Utilities
- $6,000
Lender Information
- Servicing Lender
- New York Business Development Corporation
- Originating Lender
- New York Business Development Corporation
Other PPP Loans in Woodstock, NY
| Business | Approved | |
|---|---|---|
| Miller/howard Investments Inc. | $1,097,645 | |
| Miller/howard Investments INC | $1,097,500 | |
| Innovative Products of America Incorporated | $527,910 | |
| Sunflower Market, INC | $354,168 | |
| Big Mozz Inc. | $347,749 |
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