INNOVATED MACHINE & TOOL CO., INC.

Summary of PPP (Paycheck Protection Program) Loan approved to INNOVATED MACHINE & TOOL CO., INC. by Towne Bank. The loan was approved on 4/09/2020 in the range of $350,000-1 million.

Business Information

Name:

INNOVATED MACHINE & TOOL CO., INC.

250 PICKETTS LINE
NEWPORT NEWS, VA 23603
Business type: Corporation
Machinery Manufacturing
→ Machine Tool Manufacturing
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 09, 2020
Lender Towne Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.