INNOVATIVE FOUNDRY TECHNOLOGIES LLC (ME) - 2020 PPP Loan Borrower Profile (# 6650658410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to INNOVATIVE FOUNDRY TECHNOLOGIES LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maine.

Loan Detail

Loan Number

6650658410

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$70,000

Date Loan was Approved

Feb 10, 2021

Amount Forgiven

$70,347.12

Date Loan was Forgiven

Aug 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

69,999

Lender

Citizens Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541990

Borrower Location

Portland, ME

Project Location

Portland, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.