PPP Loan information for Innovative facilities solutions inc.

$319,800

Innovative facilities solutions inc. was initially approved for PPP Loan of amount $319,800, the current approved amount is $319,800. The loan was approved on 01/30/2021 by The Sandy Spring Bank reported 48 jobs and $319,800 was used to fund payroll.

Innovative facilities solutions inc. is Existing or more than 2 years old

INNOVATIVE FACILITIES SOLUTIONS INC.

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

INNOVATIVE FACILITIES SOLUTIONS INC.

Borrower Address

156 Flagstick Ct

Borrower City

Front Royal

Borrower State

VA

Borrower Zip

22630-1618

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

319800.00

Current Approval Amount

319800.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Front Royal

Project County Name

WARREN

Project State

VA

Project Zip

22630-1618

CD

VA-06

Jobs Reported

48

NAICS Code

561210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

319797.00

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

Subchapter S Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322735.15

Forgiveness Date

01/13/2022

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