PPP Loan information for Innovative it solutions inc.

$70,000

Innovative it solutions inc. was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 02/05/2021 by The First American Bank reported 2 jobs and $70,000 was used to fund payroll.

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

PPP Loan Search / IL / Buffalo Grove / Innovative it solutions inc.

INNOVATIVE IT SOLUTIONS INC.

Date Approved

02/05/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

INNOVATIVE IT SOLUTIONS INC.

Borrower Address

2961 Whispering Oaks Dr

Borrower City

Buffalo Grove

Borrower State

IL

Borrower Zip

60089-6334

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buffalo Grove

Project County Name

LAKE

Project State

IL

Project Zip

60089-6334

CD

IL-10

Jobs Reported

2

NAICS Code

541512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

69996.00

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70404.44

Forgiveness Date

09/15/2021

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