PPP Loan information for Induction services inc

$207,500

Induction services inc was initially approved for PPP Loan of amount $207,500, the current approved amount is $207,500. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 32 jobs and $207,500 was used to fund payroll.

Induction services inc is Unanswered

INDUCTION SERVICES INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDUCTION SERVICES INC

Borrower Address

24800 MOUND RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48091

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207500.00

Current Approval Amount

207500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48091-0899

CD

MI-10

Jobs Reported

32

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

207500.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

210013.06

Forgiveness Date

07/15/2021

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