PPP Loan information for Insteel corporation

$625,796

Insteel corporation was initially approved for PPP Loan of amount $625,795, the current approved amount is $625,796. The loan was approved on 04/08/2020 by The Eastern Bank reported 30 jobs and $625,796 was used to fund payroll.

Insteel corporation is Existing or more than 2 years old

PPP Loan Search / MA / SOUTH EASTON / Insteel corporation

INSTEEL CORPORATION

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INSTEEL CORPORATION

Borrower Address

46 EASTMAN ST STE 2

Borrower City

SOUTH EASTON

Borrower State

MA

Borrower Zip

02375-1249

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625795.00

Current Approval Amount

625796.44

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH EASTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02375-1249

CD

MA-08

Jobs Reported

30

NAICS Code

332323

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

625796.44

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

631724.12

Forgiveness Date

03/24/2021

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