Innovative Medical Systems, Inc.
$1,032,559 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 5874447001
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,032,559
- Current Approval
- $1,032,559
- Forgiveness Amount
- $1,038,302
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Innovative Medical Systems, Inc.
- Address
- 3075 N Wilson Ct NW
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49534-7566
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423450)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 58
- Estimated Revenue
- $17.8M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $906,952
- Rent
- $27,500
- Utilities
- $5,000
- Health Care
- $93,107
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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