PPP Loan information for Inspec inc.

$533,250

Inspec inc. was initially approved for PPP Loan of amount $533,250, the current approved amount is $533,250. The loan was approved on 01/25/2021 by The Bank Michigan reported 40 jobs and $533,250 was used to fund payroll.

Inspec inc. is Existing or more than 2 years old

INSPEC INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INSPEC INC.

Borrower Address

7282 N Haggerty Rd

Borrower City

Canton

Borrower State

MI

Borrower Zip

48187-2436

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

533250.00

Current Approval Amount

533250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2436

CD

MI-06

Jobs Reported

40

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

533250.00

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

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

535412.22

Forgiveness Date

06/23/2021

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