# PPP loan: INNOVATIVE TEST SOLUTIONS INC
> **$274K** approved 04/28/2020 · Paid in Full · Loan `6628487208`
## Borrower
- **Name:** INNOVATIVE TEST SOLUTIONS INC
- **Address:** 551 KINGS RD, SCHENECTADY, NY, 12304-3637
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 16
## Lender
- **Originating:** First National Bank of Scotia
- **Servicing:** First National Bank of Scotia (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*