PPP Loan information for Innovative synergy group

$325,000

Innovative synergy group was initially approved for PPP Loan of amount $325,000, the current approved amount is $325,000. The loan was approved on 01/20/2021 by The Northwest FCU reported 14 jobs and $325,000 was used to fund payroll.

Innovative synergy group is Existing or more than 2 years old

INNOVATIVE SYNERGY GROUP

Date Approved

01/20/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

INNOVATIVE SYNERGY GROUP

Borrower Address

5534 Rayburn Ave

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22311-2359

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

94031

Servicing Lender Name

Northwest FCU

Servicing Lender Address

200 Spring St

Servicing Lender City

HERNDON

Servicing Lender State

VA

Servicing Lender Zip

20170-5241

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

ALEXANDRIA CITY

Project State

VA

Project Zip

22311-2359

CD

VA-08

Jobs Reported

14

NAICS Code

541512

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325000.00

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

94031

Originating Lender

Northwest FCU

Originating Lender City

HERNDON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

327906.94

Forgiveness Date

12/23/2021

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