Date Approved
04/13/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
INNOVATIVE TRANSPORTATION SOLUTIONS
Borrower Address
431 S. PHELPS AVE Building #6 Unit #603
Borrower City
ROCKFORD
Borrower State
IL
Borrower Zip
61108-3100
Loan Status Date
05/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
198972.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
20369
Servicing Lender Name
Byron Bank
Servicing Lender Address
200 N Walnut
Servicing Lender City
BYRON
Servicing Lender State
Servicing Lender Zip
61010-8803
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Change of Ownership
Project City
Project County Name
WINNEBAGO
Project State
Project Zip
CD
IL-17
Jobs Reported
20
NAICS Code
488320
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3979.45
Payroll Proceed
159178.00
Mortgage Interest Proceed
5969.17
Rent Proceed
29845.88
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
200895.90
Forgiveness Date
03/31/2021