Date Approved
06/16/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
INNOVATIVE COIL SOLUTIONS
Borrower Address
718 West Peregrine Dr.
Borrower City
Palatine
Borrower State
IL
Borrower Zip
60067-7008
Loan Status Date
07/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
37916.67
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
436276
Servicing Lender Name
Idaho First Bank
Servicing Lender Address
475 E Deinhard Ln
Servicing Lender City
MCCALL
Servicing Lender State
ID
Servicing Lender Zip
83638-4800
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
COOK
Project State
Project Zip
CD
IL-08
Jobs Reported
1
NAICS Code
541618
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
38312.46
Forgiveness Date
07/06/2021