PPP Loan information for Innovative products and solutions, inc.

$109,400

Innovative products and solutions, inc. was initially approved for PPP Loan of amount $109,400, the current approved amount is $109,400. The loan was approved on 04/14/2020 by The Truist Bank reported 10 jobs and $109,400 was used to fund payroll.

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

INNOVATIVE PRODUCTS AND SOLUTIONS, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INNOVATIVE PRODUCTS AND SOLUTIONS, INC.

Borrower Address

423 N LEE ST

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109400.00

Current Approval Amount

109400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-0001

CD

NC-08

Jobs Reported

10

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110597.32

Forgiveness Date

06/01/2021

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