PPP Loan information for Iaq systems inc

$356,560

Iaq systems inc was initially approved for PPP Loan of amount $356,560, the current approved amount is $356,560. The loan was approved on 02/12/2021 by The Loan Source Incorporated reported 16 jobs and $356,560 was used to fund payroll.

Iaq systems inc is Existing or more than 2 years old

IAQ SYSTEMS INC

Date Approved

02/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

IAQ SYSTEMS INC

Borrower Address

12 Reinman Rd

Borrower City

Warren

Borrower State

NJ

Borrower Zip

07059-5122

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

356560.00

Current Approval Amount

356560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

SOMERSET

Project State

NJ

Project Zip

07059-5122

CD

NJ-07

Jobs Reported

16

NAICS Code

541330

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

356558.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

361659.30

Forgiveness Date

07/26/2022

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