PPP Loan information for Instrumental technologies, inc.

$523,989

Instrumental technologies, inc. was initially approved for PPP Loan of amount $432,500, the current approved amount is $523,989. The loan was approved on 04/05/2020 by The Lake City Bank reported 45 jobs and $523,989 was used to fund payroll.

Instrumental technologies, inc. is Existing or more than 2 years old

PPP Loan Search / IN / WARSAW / Instrumental technologies, inc.

INSTRUMENTAL TECHNOLOGIES, INC.

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INSTRUMENTAL TECHNOLOGIES, INC.

Borrower Address

727 N. Detroit St.

Borrower City

WARSAW

Borrower State

IN

Borrower Zip

46580-2910

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432500.00

Current Approval Amount

523989.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARSAW

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46580-2910

CD

IN-02

Jobs Reported

45

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22000.00

Payroll Proceed

443626.00

Mortgage Interest Proceed

0.00

Rent Proceed

10327.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39536.00

Debt Interest Proceed

8500

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

527336.71

Forgiveness Date

12/02/2020

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