PPP Loan information for Ip solutions inc

$62,800

Ip solutions inc was initially approved for PPP Loan of amount $62,800, the current approved amount is $62,800. The loan was approved on 04/06/2020 by The Northwest Bank reported 5 jobs and $62,800 was used to fund payroll.

Ip solutions inc is Existing or more than 2 years old

IP SOLUTIONS INC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

IP SOLUTIONS INC

Borrower Address

1711 MCKINLEY AVE

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46545-7286

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62800.00

Current Approval Amount

62800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46545-7286

CD

IN-02

Jobs Reported

5

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1600.00

Payroll Proceed

59200.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57193.71

Forgiveness Date

12/28/2020

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