PPP Loan information for General insulation company

$6,142,400

General insulation company was initially approved for PPP Loan of amount $6,142,400, the current approved amount is $6,142,400. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 380 jobs and $6,142,400 was used to fund payroll.

General insulation company is Unanswered

GENERAL INSULATION COMPANY

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GENERAL INSULATION COMPANY

Borrower Address

278 Mystic Ave Suite 209

Borrower City

MEDFORD

Borrower State

MA

Borrower Zip

02155

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6142400.00

Current Approval Amount

6142400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-0001

CD

MA-05

Jobs Reported

380

NAICS Code

423330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6142400.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6210050.54

Forgiveness Date

06/16/2021

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