Innovative Network Designs Corporation

$311,900 PPP Loan in Parsippany, New Jersey

Loan Details

Loan Number
9175907105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$311,900
Current Approval
$311,900
Forgiveness Amount
$315,703
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Network Designs Corporation
Address
26 Eastmans Road
ZIP Code
07054
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811212)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$269,900
Rent
$12,000
Utilities
$5,000
Health Care
$25,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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