Innovation Specialties, Inc.

$1,881,500 PPP Loan in Culver City, California

Loan Details

Loan Number
5709107000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,881,500
Current Approval
$1,881,500
Forgiveness Amount
$1,897,274
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovation Specialties, Inc.
Address
11869 Teale Street
ZIP Code
90230-7701
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541890)
Business Age
Existing or more than 2 years old
Jobs Reported
201
Estimated Revenue
$22.5M
Rural/Urban
Urban
Congressional District
CA-36

Loan Use Breakdown

Payroll
$1,599,275
Rent
$188,150
Utilities
$94,075

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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