PPP Loan information for Institutional equipment inc.

$523,530

Institutional equipment inc. was initially approved for PPP Loan of amount $523,530, the current approved amount is $523,530. The loan was approved on 02/20/2021 by The Harvest Small Business Finance, LLC reported 28 jobs and $523,530 was used to fund payroll.

Institutional equipment inc. is Existing or more than 2 years old

PPP Loan Search / IL / Bolingbrook / Institutional equipment inc.

INSTITUTIONAL EQUIPMENT INC.

Date Approved

02/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

INSTITUTIONAL EQUIPMENT INC.

Borrower Address

704 Veterans Pkwy

Borrower City

Bolingbrook

Borrower State

IL

Borrower Zip

60440-5093

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

523530.00

Current Approval Amount

523530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

509316

Servicing Lender Name

Harvest Small Business Finance, LLC

Servicing Lender Address

24422 Avenida de la Carlota Suite 232

Servicing Lender City

Laguna Hills

Servicing Lender State

CA

Servicing Lender Zip

92653

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bolingbrook

Project County Name

WILL

Project State

IL

Project Zip

60440-5093

CD

IL-11

Jobs Reported

28

NAICS Code

333249

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

523525.00

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

509316

Originating Lender

Harvest Small Business Finance, LLC

Originating Lender City

Laguna Hills

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

526499.06

Forgiveness Date

09/27/2021

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