PPP Loan information for Integrated laboratory systems

$1,429,000

Integrated laboratory systems was initially approved for PPP Loan of amount $1,429,000, the current approved amount is $1,429,000. The loan was approved on 04/09/2020 by The TowneBank reported 110 jobs and $1,429,000 was used to fund payroll.

Integrated laboratory systems is Existing or more than 2 years old

INTEGRATED LABORATORY SYSTEMS

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INTEGRATED LABORATORY SYSTEMS

Borrower Address

601 Keystone Park Drive Suite 200

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560-0348

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1429000.00

Current Approval Amount

1429000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

DURHAM

Project State

NC

Project Zip

27560-0348

CD

NC-04

Jobs Reported

110

NAICS Code

621511

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1429000.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1437415.22

Forgiveness Date

11/19/2020

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