PPP Loan information for Insalco corporation

$194,768

Insalco corporation was initially approved for PPP Loan of amount $194,768, the current approved amount is $194,768. The loan was approved on 01/21/2021 by The Ion Bank reported 22 jobs and $194,768 was used to fund payroll.

Insalco corporation is Existing or more than 2 years old

PPP Loan Search / CT / Wallingford / Insalco corporation

INSALCO CORPORATION

Date Approved

01/21/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

INSALCO CORPORATION

Borrower Address

7 Capital Dr

Borrower City

Wallingford

Borrower State

CT

Borrower Zip

06492-5830

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194767.50

Current Approval Amount

194767.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wallingford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06492-5830

CD

CT-03

Jobs Reported

22

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194763.50

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144114.93

Forgiveness Date

01/06/2022

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