PPP Loan information for The independent capacity system, inc.

$49,200

The independent capacity system, inc. was initially approved for PPP Loan of amount $49,200, the current approved amount is $49,200. The loan was approved on 04/09/2020 by The Citizens and Farmers Bank reported 10 jobs and $49,200 was used to fund payroll.

The independent capacity system, inc. is Existing or more than 2 years old

THE INDEPENDENT CAPACITY SYSTEM, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE INDEPENDENT CAPACITY SYSTEM, INC.

Borrower Address

16015 Continental Boulevard

Borrower City

COLONIAL HEIGHTS

Borrower State

VA

Borrower Zip

23834-5900

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49200.00

Current Approval Amount

49200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLONIAL HEIGHTS

Project County Name

COLONIAL HEIGHTS CITY

Project State

VA

Project Zip

23834-5900

CD

VA-04

Jobs Reported

10

NAICS Code

623220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49200.00

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

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49735.13

Forgiveness Date

05/20/2021

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