PPP Loan information for Innovative cost solutions, inc.

$89,000

Innovative cost solutions, inc. was initially approved for PPP Loan of amount $89,000, the current approved amount is $89,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 6 jobs and $89,000 was used to fund payroll.

Innovative cost solutions, inc. is Existing or more than 2 years old

INNOVATIVE COST SOLUTIONS, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INNOVATIVE COST SOLUTIONS, INC.

Borrower Address

863 Turnpike Street Unit 224

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89000.00

Current Approval Amount

89000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-0001

CD

MA-06

Jobs Reported

6

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89943.64

Forgiveness Date

05/13/2021

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