PPP Loan information for Innovative solutions technologies inc

$150,644

Innovative solutions technologies inc was initially approved for PPP Loan of amount $150,644, the current approved amount is $150,644. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $150,644 was used to fund payroll.

Innovative solutions technologies inc is New Business or 2 years or less

PPP Loan Search / MI / CANTON / Innovative solutions technologies inc

INNOVATIVE SOLUTIONS TECHNOLOGIES INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INNOVATIVE SOLUTIONS TECHNOLOGIES INC

Borrower Address

41158 KOPPERNICK RD

Borrower City

CANTON

Borrower State

MI

Borrower Zip

48187-2405

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150644.00

Current Approval Amount

150644.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CANTON

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2405

CD

MI-06

Jobs Reported

10

NAICS Code

325510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150644.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151981.22

Forgiveness Date

03/25/2021

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