Date Approved
04/15/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
IBS GOVERNMENT SERVICES, INC.
Borrower Address
11611 Greenlane Dr
Borrower City
POTOMAC
Borrower State
MD
Borrower Zip
20854
Loan Status Date
08/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
175179.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123130
Servicing Lender Name
MVB Bank, Inc.
Servicing Lender Address
301 Virginia Ave
Servicing Lender City
FAIRMONT
Servicing Lender State
WV
Servicing Lender Zip
26554-2777
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
20854-1000
CD
MD-08
Jobs Reported
6
NAICS Code
541219
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
177334.67
Forgiveness Date
07/08/2021