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
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

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