PPP Loan information for Innovative process solutions

$223,985

Innovative process solutions was initially approved for PPP Loan of amount $223,985, the current approved amount is $223,985. The loan was approved on 02/05/2021 by The Middlesex Savings Bank reported 11 jobs and $223,985 was used to fund payroll.

Innovative process solutions is Existing or more than 2 years old

PPP Loan Search / MA / Waltham / Innovative process solutions

INNOVATIVE PROCESS SOLUTIONS

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

INNOVATIVE PROCESS SOLUTIONS

Borrower Address

307 Waverley Oaks Rd

Borrower City

Waltham

Borrower State

MA

Borrower Zip

02452-8449

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

223985.00

Current Approval Amount

223985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waltham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02452-8449

CD

MA-05

Jobs Reported

11

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

223984.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

225540.45

Forgiveness Date

10/27/2021

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