Innovative Life Solutions, Inc.
$2,860,380 PPP Loan in Silver Spring, Maryland
Loan Details
- Loan Number
- 7505397003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,860,380
- Current Approval
- $2,860,380
- Forgiveness Amount
- $2,899,955
- Forgiveness Date
- Sep 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Innovative Life Solutions, Inc.
- Address
- 8484 Georgia Ave. Suite 900
- City
- Silver Spring
- State
- Maryland
- ZIP Code
- 20910-5604
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Health Care and Social Assistance (623210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 428
- Estimated Revenue
- $72.8M
- Rural/Urban
- Urban
- Congressional District
- MD-08
Loan Use Breakdown
- Payroll
- $2,622,878
- Rent
- $83,908
- Utilities
- $85,056
- Health Care
- $68,538
Lender Information
- Servicing Lender
- Sandy Spring Bank
- Originating Lender
- Sandy Spring Bank
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