PPP Loan information for Innovative marketing solutions, inc.

$312,100

Innovative marketing solutions, inc. was initially approved for PPP Loan of amount $312,100, the current approved amount is $312,100. The loan was approved on 04/07/2020 by The Libertyville Bank & Trust Company, National Association reported 16 jobs and $312,100 was used to fund payroll.

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

PPP Loan Search / IL / SCHAUMBURG / Innovative marketing solutions, inc.

INNOVATIVE MARKETING SOLUTIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INNOVATIVE MARKETING SOLUTIONS, INC.

Borrower Address

1320 PLUM GROVE RD

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-4546

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312100.00

Current Approval Amount

312100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-4546

CD

IL-08

Jobs Reported

16

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3901.25

Payroll Proceed

234075.00

Mortgage Interest Proceed

0.00

Rent Proceed

74123.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

313825.22

Forgiveness Date

11/03/2020

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