PPP Loan information for Inspec tech, inc.

$302,049

Inspec tech, inc. was initially approved for PPP Loan of amount $302,049, the current approved amount is $302,049. The loan was approved on 04/28/2020 by The Merit Bank reported 25 jobs and $302,049 was used to fund payroll.

Inspec tech, inc. is Existing or more than 2 years old

PPP Loan Search / AL / VALLEY HEAD / Inspec tech, inc.

INSPEC TECH, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INSPEC TECH, INC.

Borrower Address

46 INSPEC DR

Borrower City

VALLEY HEAD

Borrower State

AL

Borrower Zip

35989-4157

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302048.55

Current Approval Amount

302048.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALLEY HEAD

Project County Name

DE KALB

Project State

AL

Project Zip

35989-4157

CD

AL-04

Jobs Reported

25

NAICS Code

561910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

302048.55

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303768.55

Forgiveness Date

11/24/2020

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