PPP Loan information for Insulation systems inc

$314,105

Insulation systems inc was initially approved for PPP Loan of amount $314,105, the current approved amount is $314,105. The loan was approved on 02/25/2021 by The First Horizon Bank reported 15 jobs and $314,105 was used to fund payroll.

Insulation systems inc is Existing or more than 2 years old

INSULATION SYSTEMS INC

Date Approved

02/25/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

INSULATION SYSTEMS INC

Borrower Address

165 S Mount Pleasant Rd

Borrower City

Collierville

Borrower State

TN

Borrower Zip

38017-2725

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

314105.00

Current Approval Amount

314105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Collierville

Project County Name

SHELBY

Project State

TN

Project Zip

38017-2725

CD

TN-08

Jobs Reported

15

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

314100.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317429.28

Forgiveness Date

03/23/2022

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