PPP Loan information for Innovative it solutions inc

$49,241

Innovative it solutions inc was initially approved for PPP Loan of amount $53,410, the current approved amount is $49,241. The loan was approved on 04/28/2020 by The First American Bank reported 4 jobs and $49,241 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

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INNOVATIVE IT SOLUTIONS INC

Borrower Address

2961 Whispering Oaks Dr

Borrower City

Buffalo Grove

Borrower State

IL

Borrower Zip

60089

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53410.00

Current Approval Amount

49240.50

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

60089-1000

CD

IL-09

Jobs Reported

4

NAICS Code

541512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49240.50

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49724.70

Forgiveness Date

05/10/2021

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