PPP Loan information for Insyst inc

$218,750

Insyst inc was initially approved for PPP Loan of amount $218,750, the current approved amount is $218,750. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $218,750 was used to fund payroll.

Insyst inc is New Business or 2 years or less

PPP Loan Search / NJ / PARSIPPANY / Insyst inc

INSYST INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INSYST INC

Borrower Address

140 LITTLETON RD STE 303

Borrower City

PARSIPPANY

Borrower State

NJ

Borrower Zip

07054-1895

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218750.00

Current Approval Amount

218750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PARSIPPANY

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-1895

CD

NJ-11

Jobs Reported

11

NAICS Code

541512

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

218750.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

220769.69

Forgiveness Date

04/08/2021

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