PPP Loan information for Ifs financial corporation

$85,974

Ifs financial corporation was initially approved for PPP Loan of amount $85,974, the current approved amount is $85,974. The loan was approved on 01/30/2021 by The Sandy Spring Bank reported 7 jobs and $85,974 was used to fund payroll.

Ifs financial corporation is Existing or more than 2 years old

PPP Loan Search / MD / Bowie / Ifs financial corporation

IFS FINANCIAL CORPORATION

Date Approved

01/30/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

IFS FINANCIAL CORPORATION

Borrower Address

1532 Pointer Ridge Pl Ste I

Borrower City

Bowie

Borrower State

MD

Borrower Zip

20716-1874

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85974.00

Current Approval Amount

85974.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowie

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20716-1874

CD

MD-05

Jobs Reported

7

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

85971.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86419.18

Forgiveness Date

08/16/2021

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