PPP Loan information for Instant systems inc.

$431,900

Instant systems inc. was initially approved for PPP Loan of amount $431,900, the current approved amount is $431,900. The loan was approved on 02/09/2021 by The Legacy Bank reported 37 jobs and $431,900 was used to fund payroll.

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

INSTANT SYSTEMS INC.

Date Approved

02/09/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

INSTANT SYSTEMS INC.

Borrower Address

5505 Robin Hood Rd Ste A

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23513-2423

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

431900.00

Current Approval Amount

431900.00

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

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23513-2423

CD

VA-03

Jobs Reported

37

NAICS Code

326111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

431898.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

434299.44

Forgiveness Date

09/14/2021

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