PPP Loan information for Innovative engineering solutions, inc.

$171,400

Innovative engineering solutions, inc. was initially approved for PPP Loan of amount $171,400, the current approved amount is $171,400. The loan was approved on 04/10/2020 by The South Shore Bank reported 11 jobs and $171,400 was used to fund payroll.

Innovative engineering solutions, inc. is Existing or more than 2 years old

PPP Loan Search / MA / BRAINTREE / Innovative engineering solutions, inc.

INNOVATIVE ENGINEERING SOLUTIONS, INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INNOVATIVE ENGINEERING SOLUTIONS, INC.

Borrower Address

37 PEARL ST

Borrower City

BRAINTREE

Borrower State

MA

Borrower Zip

02184-5813

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171400.00

Current Approval Amount

171400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINTREE

Project County Name

NORFOLK

Project State

MA

Project Zip

02184-5813

CD

MA-08

Jobs Reported

11

NAICS Code

541620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171400.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173052.11

Forgiveness Date

03/31/2021

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