Innovative Transportation Solutions
$198,973 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 5074147105
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $198,973
- Current Approval
- $198,973
- Forgiveness Amount
- $200,896
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Innovative Transportation Solutions
- Address
- 431 S. Phelps Ave Building #6 Unit #603
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61108-3100
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (488320)
- Business Age
- Change of Ownership
- Jobs Reported
- 20
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $159,178
- Rent
- $29,846
- Utilities
- $3,979
- Mortgage Interest
- $5,969
Lender Information
- Servicing Lender
- Byron Bank
- Originating Lender
- Byron Bank
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