PPP Loan information for Innovative network designs corporation

$311,900

Innovative network designs corporation was initially approved for PPP Loan of amount $311,900, the current approved amount is $311,900. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 22 jobs and $311,900 was used to fund payroll.

Innovative network designs corporation is Existing or more than 2 years old

INNOVATIVE NETWORK DESIGNS CORPORATION

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INNOVATIVE NETWORK DESIGNS CORPORATION

Borrower Address

26 Eastmans Road

Borrower City

Parsippany

Borrower State

NJ

Borrower Zip

07054

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311900.00

Current Approval Amount

311900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parsippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-0001

CD

NJ-11

Jobs Reported

22

NAICS Code

811212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

269900.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

315702.62

Forgiveness Date

07/14/2021

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