PPP Loan information for Instant promotion inc.

$124,800

Instant promotion inc. was initially approved for PPP Loan of amount $124,800, the current approved amount is $124,800. The loan was approved on 03/18/2021 by The First Bank reported 6 jobs and $124,800 was used to fund payroll.

Instant promotion inc. is Existing or more than 2 years old

INSTANT PROMOTION INC.

Date Approved

03/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

INSTANT PROMOTION INC.

Borrower Address

300 Dominion Dr Ste 450

Borrower City

Morrisville

Borrower State

NC

Borrower Zip

27560-9092

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124800.00

Current Approval Amount

124800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morrisville

Project County Name

WAKE

Project State

NC

Project Zip

27560-9092

CD

NC-02

Jobs Reported

6

NAICS Code

314910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124798.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125320.00

Forgiveness Date

08/20/2021

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