PPP Loan information for Instrument associates inc

$352,763

Instrument associates inc was initially approved for PPP Loan of amount $352,763, the current approved amount is $352,763. The loan was approved on 01/21/2021 by The Fifth Third Bank reported 23 jobs and $352,763 was used to fund payroll.

Instrument associates inc is Existing or more than 2 years old

INSTRUMENT ASSOCIATES INC

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

INSTRUMENT ASSOCIATES INC

Borrower Address

4839 W 128th Pl

Borrower City

Alsip

Borrower State

IL

Borrower Zip

60803-3009

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

352762.50

Current Approval Amount

352762.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alsip

Project County Name

COOK

Project State

IL

Project Zip

60803-3009

CD

IL-06

Jobs Reported

23

NAICS Code

334513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

352760.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

354163.75

Forgiveness Date

06/25/2021

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