PPP Loan information for Innovative it systems inc

$141,250

Innovative it systems inc was initially approved for PPP Loan of amount $141,250, the current approved amount is $141,250. The loan was approved on 04/30/2020 by The TD Bank, National Association reported 9 jobs and $141,250 was used to fund payroll.

Innovative it systems inc is Existing or more than 2 years old

INNOVATIVE IT SYSTEMS INC

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INNOVATIVE IT SYSTEMS INC

Borrower Address

10608

Borrower City

North Potomac

Borrower State

MD

Borrower Zip

20878

Loan Status Date

06/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141250.00

Current Approval Amount

141250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Potomac

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20878-1000

CD

MD-06

Jobs Reported

9

NAICS Code

541512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

141250.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142733.12

Forgiveness Date

05/18/2021

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