PPP Loan information for Insight equipment inc

$798,100

Insight equipment inc was initially approved for PPP Loan of amount $837,300, the current approved amount is $798,100. The loan was approved on 04/28/2020 by The Legacy Bank reported 45 jobs and $798,100 was used to fund payroll.

Insight equipment inc is Existing or more than 2 years old

INSIGHT EQUIPMENT INC

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

INSIGHT EQUIPMENT INC

Borrower Address

34-24 Vernon Boulevard

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11106-5124

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

837300.00

Current Approval Amount

798100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11106-5124

CD

NY-07

Jobs Reported

45

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

798100.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

804041.41

Forgiveness Date

02/01/2021

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