PPP Loan information for Installnet international, inc.

$975,000

Installnet international, inc. was initially approved for PPP Loan of amount $975,000, the current approved amount is $975,000. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 67 jobs and $975,000 was used to fund payroll.

Installnet international, inc. is Existing or more than 2 years old

INSTALLNET INTERNATIONAL, INC.

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INSTALLNET INTERNATIONAL, INC.

Borrower Address

19601 Melford Blvd, Bowie MD

Borrower City

BOWIE

Borrower State

MD

Borrower Zip

20715

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

975000.00

Current Approval Amount

975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOWIE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20715-1000

CD

MD-05

Jobs Reported

67

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

975000.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

982265.75

Forgiveness Date

01/14/2021

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