Innovative Companies Inc.
1320 Harmon Drive, Rantoul, IL 61866 · All Other Specialty Trade Contractors (NAICS 238990)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$5.1M
Jobs Supported
120
Years Active
2022–2022
Loan History (3)
Source: SBA FOIA7(a)$2,463,700
Exempt
- Approved
- Dec 14, 2021 (FY2022)
- SBA Guaranteed
- $1,847,775 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 5.75%
- Revolver
- 0
- Jobs Supported
- 40
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- All Other Specialty Trade Contractors (NAICS 238990)
Lender
Cibc Bank Usa
120 S Lasalle St, Chicago, IL 60603
Project Location
Champaign County, IL
7(a)$250,000
Exempt
- Approved
- Dec 8, 2021 (FY2022)
- SBA Guaranteed
- $125,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.75%
- Revolver
- 1
- Jobs Supported
- 40
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- All Other Specialty Trade Contractors (NAICS 238990)
Lender
Cibc Bank Usa
120 S Lasalle St, Chicago, IL 60603
Project Location
Champaign County, IL
7(a)$2,371,900
Cancelled
- Approved
- Dec 9, 2021 (FY2022)
- SBA Guaranteed
- $1,778,925 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 5.75%
- Revolver
- 0
- Jobs Supported
- 40
- Business Type
- Corporation
- Business Age
- Change of Ownership
- Industry
- All Other Specialty Trade Contractors (NAICS 238990)
Lender
Cibc Bank Usa
120 S Lasalle St, Chicago, IL 60603
Project Location
Champaign County, IL
Business Details
- Business Type
- Corporation
- Business Age
- Change of Ownership
- NAICS Code
- 238990 — All Other Specialty Trade Contractors
- Address
- 1320 Harmon Drive
Rantoul, IL 61866
Lender
- Cibc Bank Usa
- 120 S Lasalle St, Chicago, IL 60603