Innovative Marketing Solutions, Inc.

$312,100 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
6933917006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$312,100
Current Approval
$312,100
Forgiveness Amount
$313,825
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Marketing Solutions, Inc.
Address
1320 Plum Grove Rd
ZIP Code
60173-4546
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541613)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$234,075
Rent
$74,124
Utilities
$3,901

Lender Information

Servicing Lender
Libertyville Bank & Trust Company, National Association
Originating Lender
Libertyville Bank & Trust Company, National Association

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