PPP Loan information for Internet business strategies, inc.

$495,467

Internet business strategies, inc. was initially approved for PPP Loan of amount $495,467, the current approved amount is $495,467. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 43 jobs and $495,467 was used to fund payroll.

Internet business strategies, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Internet business strategies, inc.

INTERNET BUSINESS STRATEGIES, INC.

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

INTERNET BUSINESS STRATEGIES, INC.

Borrower Address

12319 Ocean Gateway Suite 202

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495467.00

Current Approval Amount

495467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-1100

CD

MD-01

Jobs Reported

43

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35467.00

Payroll Proceed

420000.00

Mortgage Interest Proceed

0.00

Rent Proceed

17000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

500000.86

Forgiveness Date

03/18/2021

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