PPP Loan information for Innovative communication systems,inc

$869,000

Innovative communication systems,inc was initially approved for PPP Loan of amount $869,000, the current approved amount is $869,000. The loan was approved on 04/07/2020 by The Texas Partners Bank reported 53 jobs and $869,000 was used to fund payroll.

Innovative communication systems,inc is Existing or more than 2 years old

INNOVATIVE COMMUNICATION SYSTEMS,INC

Date Approved

04/07/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

INNOVATIVE COMMUNICATION SYSTEMS,INC

Borrower Address

10430 Gulfdale

Borrower City

SAN ANTONIO

Borrower State

TX

Borrower Zip

78216

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

869000.00

Current Approval Amount

869000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447956

Servicing Lender Name

Texas Partners Bank

Servicing Lender Address

1900 NW Loop 410

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78213-2320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN ANTONIO

Project County Name

BEXAR

Project State

TX

Project Zip

78216-0001

CD

TX-21

Jobs Reported

53

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43450.00

Payroll Proceed

651750.00

Mortgage Interest Proceed

0.00

Rent Proceed

130350.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43450.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

447956

Originating Lender

Texas Partners Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

879379.72

Forgiveness Date

06/24/2021

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