PPP Loan information for Innovative test solutions inc

$273,878

Innovative test solutions inc was initially approved for PPP Loan of amount $273,878, the current approved amount is $273,878. The loan was approved on 04/28/2020 by The First National Bank of Scotia reported 16 jobs and $273,878 was used to fund payroll.

Innovative test solutions inc is Existing or more than 2 years old

INNOVATIVE TEST SOLUTIONS INC

Date Approved

04/28/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

INNOVATIVE TEST SOLUTIONS INC

Borrower Address

551 KINGS RD

Borrower City

SCHENECTADY

Borrower State

NY

Borrower Zip

12304-3637

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

273877.66

Current Approval Amount

273877.66

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50241

Servicing Lender Name

First National Bank of Scotia

Servicing Lender Address

201 Mohawk Ave

Servicing Lender City

SCOTIA

Servicing Lender State

NY

Servicing Lender Zip

12302-2128

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHENECTADY

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12304-3637

CD

NY-20

Jobs Reported

16

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

273877.66

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

50241

Originating Lender

First National Bank of Scotia

Originating Lender City

SCOTIA

Originating Lender State

NY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

276421.35

Forgiveness Date

04/06/2021

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