PPP Loan information for Iap inc.

$674,375

Iap inc. was initially approved for PPP Loan of amount $674,375, the current approved amount is $674,375. The loan was approved on 04/27/2020 by The Israel Discount Bank of New York reported 82 jobs and $674,375 was used to fund payroll.

Iap inc. is Existing or more than 2 years old

PPP Loan Search / NJ / EDISON / Iap inc.

IAP INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

IAP INC.

Borrower Address

11 DISTRIBUTION BLVD STE A

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08817-6005

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

674375.00

Current Approval Amount

674375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49407

Servicing Lender Name

Israel Discount Bank of New York

Servicing Lender Address

1114 Avenue of the Americas

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10036

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08817-6005

CD

NJ-06

Jobs Reported

82

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

84296.88

Payroll Proceed

505781.25

Mortgage Interest Proceed

84296.87

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

49407

Originating Lender

Israel Discount Bank of New York

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

680500.57

Forgiveness Date

03/31/2021

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