Innovative Terminal Services, Inc.

$1,375,700 PPP Loan in Wilmington, California

Loan Details

Loan Number
5454217104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,375,700
Current Approval
$1,375,700
Forgiveness Amount
$1,392,510
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Terminal Services, Inc.
Address
211 N. Marine Ave
ZIP Code
90744-5724
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
CA-44

Loan Use Breakdown

Payroll
$1,032,000
Rent
$20,000
Health Care
$323,700

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

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