PPP Loan information for Innovative media systems inc.

$83,125

Innovative media systems inc. was initially approved for PPP Loan of amount $83,125, the current approved amount is $83,125. The loan was approved on 02/06/2021 by The Bell Bank reported 7 jobs and $83,125 was used to fund payroll.

Innovative media systems inc. is Existing or more than 2 years old

PPP Loan Search / MN / Edina / Innovative media systems inc.

INNOVATIVE MEDIA SYSTEMS INC.

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

INNOVATIVE MEDIA SYSTEMS INC.

Borrower Address

7121 Washington Ave S

Borrower City

Edina

Borrower State

MN

Borrower Zip

55439-1517

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83125.00

Current Approval Amount

83125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edina

Project County Name

HENNEPIN

Project State

MN

Project Zip

55439-1517

CD

MN-03

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

83122.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83711.49

Forgiveness Date

10/26/2021

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