PPP Loan information for It spin inc

$652,500

It spin inc was initially approved for PPP Loan of amount $652,500, the current approved amount is $652,500. The loan was approved on 04/27/2020 by The Great Plains National Bank reported 35 jobs and $652,500 was used to fund payroll.

It spin inc is Existing or more than 2 years old

IT SPIN INC

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

IT SPIN INC

Borrower Address

9555 LEBANON RD Suite 203

Borrower City

FRISCO

Borrower State

TX

Borrower Zip

75035-6081

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

652500.00

Current Approval Amount

652500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58996

Servicing Lender Name

Great Plains National Bank

Servicing Lender Address

2017 W Third

Servicing Lender City

ELK CITY

Servicing Lender State

OK

Servicing Lender Zip

73644-4305

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

75035-6081

CD

TX-03

Jobs Reported

35

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

600000.00

Mortgage Interest Proceed

0.00

Rent Proceed

52500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

58996

Originating Lender

Great Plains National Bank

Originating Lender City

ELK CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

655907.50

Forgiveness Date

11/03/2020

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