PPP Loan information for Innovative transportation solutions inc.

$980,900

Innovative transportation solutions inc. was initially approved for PPP Loan of amount $980,900, the current approved amount is $980,900. The loan was approved on 01/20/2021 by The MidFirst Bank reported 141 jobs and $980,900 was used to fund payroll.

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

INNOVATIVE TRANSPORTATION SOLUTIONS INC.

Date Approved

01/20/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

INNOVATIVE TRANSPORTATION SOLUTIONS INC.

Borrower Address

3439 S 40th St

Borrower City

Phoenix

Borrower State

AZ

Borrower Zip

85040-1905

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

980900.00

Current Approval Amount

980900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Phoenix

Project County Name

MARICOPA

Project State

AZ

Project Zip

85040-1905

CD

AZ-03

Jobs Reported

141

NAICS Code

485320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

980895.00

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

Corporation

Originating Lender Location Id

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

993297.49

Forgiveness Date

04/28/2022

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