PPP Loan information for Innovative systems group inc

$1,214,610

Innovative systems group inc was initially approved for PPP Loan of amount $1,214,610, the current approved amount is $1,214,610. The loan was approved on 04/14/2020 by The Old Second National Bank reported 125 jobs and $1,214,610 was used to fund payroll.

Innovative systems group inc is Existing or more than 2 years old

PPP Loan Search / IL / GLEN ELLYN / Innovative systems group inc

INNOVATIVE SYSTEMS GROUP INC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INNOVATIVE SYSTEMS GROUP INC

Borrower Address

799 Roosevelt Road, Bldg 4, Suite 109

Borrower City

GLEN ELLYN

Borrower State

IL

Borrower Zip

60137

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1214610.00

Current Approval Amount

1214610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLEN ELLYN

Project County Name

DUPAGE

Project State

IL

Project Zip

60137-2000

CD

IL-06

Jobs Reported

125

NAICS Code

541990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1214610.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1226823.58

Forgiveness Date

04/20/2021

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