Innovative Control Solutions INC

$655,000 PPP Loan in Plano, Texas

Loan Details

Loan Number
5805267209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$655,000
Current Approval
$655,000
Forgiveness Amount
$662,023
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Control Solutions INC
Address
1500 Precision Drive Suite 150
City
Plano
State
Texas
ZIP Code
75074-8664
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541512)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$5.2M
Rural/Urban
Urban
Congressional District
TX-32

Loan Use Breakdown

Payroll
$524,054
Mortgage Interest
$130,946

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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