PPP Loan information for Innovative distributing concepts, llc

$134,600

Innovative distributing concepts, llc was initially approved for PPP Loan of amount $134,600, the current approved amount is $134,600. The loan was approved on 04/14/2020 by The South Shore Bank reported 16 jobs and $134,600 was used to fund payroll.

Innovative distributing concepts, llc is Existing or more than 2 years old

INNOVATIVE DISTRIBUTING CONCEPTS, LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INNOVATIVE DISTRIBUTING CONCEPTS, LLC

Borrower Address

236 WOOD RD

Borrower City

BRAINTREE

Borrower State

MA

Borrower Zip

02184-2408

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134600.00

Current Approval Amount

134600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINTREE

Project County Name

NORFOLK

Project State

MA

Project Zip

02184-2408

CD

MA-08

Jobs Reported

16

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

134600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135994.61

Forgiveness Date

04/29/2021

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