PPP Loan information for Instant systems inc.

$422,600

Instant systems inc. was initially approved for PPP Loan of amount $422,600, the current approved amount is $422,600. The loan was approved on 04/28/2020 by The IncredibleBank reported 39 jobs and $422,600 was used to fund payroll.

Instant systems inc. is Existing or more than 2 years old

INSTANT SYSTEMS INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INSTANT SYSTEMS INC.

Borrower Address

5505 Robin Hood Road Suite A

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23513-2423

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422600.00

Current Approval Amount

422600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76755

Servicing Lender Name

IncredibleBank

Servicing Lender Address

327 N 17th Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-4225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23513-2423

CD

VA-03

Jobs Reported

39

NAICS Code

446199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

422600.00

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

76755

Originating Lender

IncredibleBank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

424718.79

Forgiveness Date

11/05/2020

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