PPP Loan information for Insulation technology incorporated

$22,300

Insulation technology incorporated was initially approved for PPP Loan of amount $22,300, the current approved amount is $22,300. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 5 jobs and $22,300 was used to fund payroll.

Insulation technology incorporated is New Business or 2 years or less

PPP Loan Search / NC / ALBEMARLE / Insulation technology incorporated

INSULATION TECHNOLOGY INCORPORATED

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INSULATION TECHNOLOGY INCORPORATED

Borrower Address

20743 AUSTIN RD

Borrower City

ALBEMARLE

Borrower State

NC

Borrower Zip

28001-9021

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22300.00

Current Approval Amount

22300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALBEMARLE

Project County Name

STANLY

Project State

NC

Project Zip

28001-9021

CD

NC-08

Jobs Reported

5

NAICS Code

321219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22300.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22450.30

Forgiveness Date

01/07/2021

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