PPP Loan information for Insulation distributors, inc.

$6,591,000

Insulation distributors, inc. was initially approved for PPP Loan of amount $6,591,000, the current approved amount is $6,591,000. The loan was approved on 04/08/2020 by The BMO Harris Bank National Association reported 425 jobs and $6,591,000 was used to fund payroll.

Insulation distributors, inc. is Existing or more than 2 years old

INSULATION DISTRIBUTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INSULATION DISTRIBUTORS, INC.

Borrower Address

8303 Audubon Road

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-9494

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6591000.00

Current Approval Amount

6591000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-9494

CD

MN-06

Jobs Reported

425

NAICS Code

423330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6591000.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6680926.52

Forgiveness Date

08/27/2021

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