PPP Loan information for Iolap inc.

$1,200,000

Iolap inc. was initially approved for PPP Loan of amount $1,200,000, the current approved amount is $1,200,000. The loan was approved on 02/10/2021 by The Customers Bank reported 58 jobs and $1,200,000 was used to fund payroll.

Iolap inc. is Existing or more than 2 years old

IOLAP INC.

Date Approved

02/10/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

IOLAP INC.

Borrower Address

2600 Network Blvd Ste 570

Borrower City

Frisco

Borrower State

TX

Borrower Zip

75034-6037

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1200000.00

Current Approval Amount

1200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frisco

Project County Name

COLLIN

Project State

TX

Project Zip

75034-6037

CD

TX-04

Jobs Reported

58

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1199998.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1212164.38

Forgiveness Date

02/23/2022

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