# PPP loan: INNOVATIVE FACILITIES SOLUTIONS INC.
> **$320K** approved 01/30/2021 · Paid in Full · Loan `9500908302`
## Borrower
- **Name:** INNOVATIVE FACILITIES SOLUTIONS INC.
- **Address:** 156 Flagstick Ct, Front Royal, VA, 22630-1618
- **NAICS:** 561210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*