PPP Loan information for Instarecon, inc.

$67,900

Instarecon, inc. was initially approved for PPP Loan of amount $67,900, the current approved amount is $67,900. The loan was approved on 04/28/2020 by The Busey Bank reported 4 jobs and $67,900 was used to fund payroll.

Instarecon, inc. is Unanswered

INSTARECON, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

INSTARECON, INC.

Borrower Address

1800 S. Oak St Ste 204E

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61820

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67900.00

Current Approval Amount

67900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-0001

CD

IL-13

Jobs Reported

4

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50925.00

Mortgage Interest Proceed

0.00

Rent Proceed

16975.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68419.02

Forgiveness Date

02/04/2021

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