PPP Loan information for Innovative processing solutions inc.

$85,700

Innovative processing solutions inc. was initially approved for PPP Loan of amount $85,700, the current approved amount is $85,700. The loan was approved on 04/06/2020 by The Saco & Biddeford Savings Institution reported 5 jobs and $85,700 was used to fund payroll.

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

PPP Loan Search / ME / SOUTH PORTLAND / Innovative processing solutions inc.

INNOVATIVE PROCESSING SOLUTIONS INC.

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

INNOVATIVE PROCESSING SOLUTIONS INC.

Borrower Address

778 Main Street Suite 10

Borrower City

SOUTH PORTLAND

Borrower State

ME

Borrower Zip

04106-5440

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85700.00

Current Approval Amount

85700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-5440

CD

ME-01

Jobs Reported

5

NAICS Code

445220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85700.00

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86117.93

Forgiveness Date

10/13/2020

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