PPP Loan information for Innovative control systems inc.

$2,583,000

Innovative control systems inc. was initially approved for PPP Loan of amount $2,583,000, the current approved amount is $2,583,000. The loan was approved on 04/08/2020 by The Fulton Bank, National Association reported 162 jobs and $2,583,000 was used to fund payroll.

Innovative control systems inc. is Existing or more than 2 years old

PPP Loan Search / PA / BETHLEHEM / Innovative control systems inc.

INNOVATIVE CONTROL SYSTEMS INC.

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

INNOVATIVE CONTROL SYSTEMS INC.

Borrower Address

81 Highland Ave Suite 300

Borrower City

BETHLEHEM

Borrower State

PA

Borrower Zip

18017-9421

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2583000.00

Current Approval Amount

2583000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHLEHEM

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18017-9421

CD

PA-07

Jobs Reported

162

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

516576.00

Payroll Proceed

2066424.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2614067.75

Forgiveness Date

06/29/2021

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