PPP Loan information for Innovital systems inc

$179,800

Innovital systems inc was initially approved for PPP Loan of amount $179,800, the current approved amount is $179,800. The loan was approved on 04/13/2020 by The Sandy Spring Bank reported 9 jobs and $179,800 was used to fund payroll.

Innovital systems inc is Existing or more than 2 years old

PPP Loan Search / MD / BELTSVILLE / Innovital systems inc

INNOVITAL SYSTEMS INC

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INNOVITAL SYSTEMS INC

Borrower Address

3901 CALVERTON BLVD Suite 155

Borrower City

BELTSVILLE

Borrower State

MD

Borrower Zip

20705-3407

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179800.00

Current Approval Amount

179800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-3407

CD

MD-04

Jobs Reported

9

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179800.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181686.67

Forgiveness Date

05/11/2021

;