PPP Loan information for Innovative test solutions inc

$257,725

Innovative test solutions inc was initially approved for PPP Loan of amount $257,725, the current approved amount is $257,725. The loan was approved on 04/06/2021 by The First National Bank of Scotia reported 14 jobs and $257,725 was used to fund payroll.

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

INNOVATIVE TEST SOLUTIONS INC

Date Approved

04/06/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

INNOVATIVE TEST SOLUTIONS INC

Borrower Address

551 Kings Rd

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12304-3637

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

257724.88

Current Approval Amount

257724.88

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

14

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257724.88

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

259115.89

Forgiveness Date

10/22/2021

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