PPP Loan information for Indtai, inc.

$1,470,800

Indtai, inc. was initially approved for PPP Loan of amount $1,470,800, the current approved amount is $1,470,800. The loan was approved on 04/08/2020 by The Summit Community Bank, Inc. reported 203 jobs and $1,470,800 was used to fund payroll.

Indtai, inc. is New Business or 2 years or less

INDTAI, INC.

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

INDTAI, INC.

Borrower Address

2095 Chain Bridge

Borrower City

VIENNA

Borrower State

VA

Borrower Zip

22182-3794

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1470800.00

Current Approval Amount

1470800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

VIENNA

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-3794

CD

VA-11

Jobs Reported

203

NAICS Code

611710

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23400.00

Payroll Proceed

1176600.00

Mortgage Interest Proceed

270800.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1479297.96

Forgiveness Date

11/12/2020

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