# PPP loan: INNOVATIVE TERMINAL SERVICES, INC.
> **$1.38M** approved 04/13/2020 · Paid in Full · Loan `5454217104`
## Borrower
- **Name:** INNOVATIVE TERMINAL SERVICES, INC.
- **Address:** 211 N. MARINE AVE, WILMINGTON, CA, 90744-5724
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Rent:** $20K
- **Health care:** $324K
- **Jobs reported:** 33
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*