PPP Loan information for Information systems and networks corporation

$2,000,000

Information systems and networks corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The Truist Bank reported 144 jobs and $2,000,000 was used to fund payroll.

Information systems and networks corporation is Existing or more than 2 years old

INFORMATION SYSTEMS AND NETWORKS CORPORATION

Date Approved

03/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

INFORMATION SYSTEMS AND NETWORKS CORPORATION

Borrower Address

10411 Motor City Dr Ste 700

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20817-1002

Loan Status Date

11/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20817-1002

CD

MD-08

Jobs Reported

144

NAICS Code

561611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999999.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2030944.44

Forgiveness Date

10/05/2022

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