PPP Loan information for Innovative solutions, inc.

$399,500

Innovative solutions, inc. was initially approved for PPP Loan of amount $450,700, the current approved amount is $399,500. The loan was approved on 04/28/2020 by The Oriental Bank reported 38 jobs and $399,500 was used to fund payroll.

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

PPP Loan Search / PR / SAN JUAN / Innovative solutions, inc.

INNOVATIVE SOLUTIONS, INC.

Date Approved

04/28/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

INNOVATIVE SOLUTIONS, INC.

Borrower Address

1416 Paz Granela Urb. Santiago Iglesias

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00921

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450700.00

Current Approval Amount

399500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119281

Servicing Lender Name

Oriental Bank

Servicing Lender Address

254 Ave Mu<td,n>oz Rivera, Esq. Ave Chardon Hato Rey

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918-1900

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00921-1000

CD

PR-

Jobs Reported

38

NAICS Code

541511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

399500.00

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

Sole Proprietorship

Originating Lender Location Id

119281

Originating Lender

Oriental Bank

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

404183.03

Forgiveness Date

07/02/2021

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