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 02/13/2021 by The First Mid Bank & Trust, National Association reported 175 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

02/13/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

INNOVATIVE SYSTEMS GROUP INC

Borrower Address

799 Roosevelt Rd Bldg 4 Ste 109

Borrower City

Glen Ellyn

Borrower State

IL

Borrower Zip

60137-5908

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1214610.00

Current Approval Amount

1214610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

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

60137-5908

CD

IL-06

Jobs Reported

175

NAICS Code

541990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1214607.00

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

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1225001.66

Forgiveness Date

12/28/2021

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