PPP Loan information for Insource inc.

$1,584,300

Insource inc. was initially approved for PPP Loan of amount $2,183,500, the current approved amount is $1,584,300. The loan was approved on 04/04/2020 by The Meridian Bank reported 108 jobs and $1,584,300 was used to fund payroll.

Insource inc. is Existing or more than 2 years old

INSOURCE INC.

Date Approved

04/04/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

INSOURCE INC.

Borrower Address

565 E Swedesford Road Suite 220

Borrower City

WAYNE

Borrower State

PA

Borrower Zip

19087-1602

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2183500.00

Current Approval Amount

1584300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

DELAWARE

Project State

PA

Project Zip

19087-1602

CD

PA-06

Jobs Reported

108

NAICS Code

541512

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1584300.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1593111.31

Forgiveness Date

11/05/2020

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