PPP Loan information for Innovative control solutions inc

$655,000

Innovative control solutions inc was initially approved for PPP Loan of amount $655,000, the current approved amount is $655,000. The loan was approved on 04/27/2020 by The Comerica Bank reported 25 jobs and $655,000 was used to fund payroll.

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

PPP Loan Search / TX / Plano / Innovative control solutions inc

INNOVATIVE CONTROL SOLUTIONS INC

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

INNOVATIVE CONTROL SOLUTIONS INC

Borrower Address

1500 Precision Drive Suite 150

Borrower City

Plano

Borrower State

TX

Borrower Zip

75074-8664

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

655000.00

Current Approval Amount

655000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Plano

Project County Name

COLLIN

Project State

TX

Project Zip

75074-8664

CD

TX-32

Jobs Reported

25

NAICS Code

541512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

524054.00

Mortgage Interest Proceed

130946.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

662023.06

Forgiveness Date

05/21/2021

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