PPP Loan information for Induction systems inc

$53,357

Induction systems inc was initially approved for PPP Loan of amount $53,357, the current approved amount is $53,357. The loan was approved on 02/25/2021 by The PNC Bank, National Association reported 4 jobs and $53,357 was used to fund payroll.

Induction systems inc is Existing or more than 2 years old

PPP Loan Search / WI / Waukesha / Induction systems inc

INDUCTION SYSTEMS INC

Date Approved

02/25/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

INDUCTION SYSTEMS INC

Borrower Address

209 Travis Ln 209 Travis Ln

Borrower City

Waukesha

Borrower State

WI

Borrower Zip

53189-7962

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53357.00

Current Approval Amount

53357.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waukesha

Project County Name

WAUKESHA

Project State

WI

Project Zip

53189-7962

CD

WI-05

Jobs Reported

4

NAICS Code

333994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53356.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53700.86

Forgiveness Date

10/20/2021

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