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 04/08/2020 by The Cadence Bank reported 56 jobs and $1,200,000 was used to fund payroll.

Iolap, inc. is Existing or more than 2 years old

IOLAP, INC.

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

IOLAP, INC.

Borrower Address

2600 Network Blvd Suite 570

Borrower City

FRISCO

Borrower State

TX

Borrower Zip

75034-0258

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1200000.00

Current Approval Amount

1200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

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

75034-0258

CD

TX-04

Jobs Reported

56

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1200000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1210133.33

Forgiveness Date

03/01/2021

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