PPP Loan information for Innovative systems technology, inc.

$289,962

Innovative systems technology, inc. was initially approved for PPP Loan of amount $289,962, the current approved amount is $289,962. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 160 jobs and $289,962 was used to fund payroll.

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

INNOVATIVE SYSTEMS TECHNOLOGY, INC.

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

INNOVATIVE SYSTEMS TECHNOLOGY, INC.

Borrower Address

1402 Lake Tapps Pkwy SE Ste 104-147

Borrower City

AUBURN

Borrower State

WA

Borrower Zip

98092

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289962.00

Current Approval Amount

289962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

KING

Project State

WA

Project Zip

98092-0002

CD

WA-08

Jobs Reported

160

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2306.00

Payroll Proceed

261119.00

Mortgage Interest Proceed

0.00

Rent Proceed

10738.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15799.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293056.22

Forgiveness Date

06/01/2021

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