PPP Loan information for Instructional systems inc

$231,799

Instructional systems inc was initially approved for PPP Loan of amount $231,799, the current approved amount is $231,799. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 11 jobs and $231,799 was used to fund payroll.

Instructional systems inc is Existing or more than 2 years old

INSTRUCTIONAL SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INSTRUCTIONAL SYSTEMS INC

Borrower Address

401 HACKENSACK AVE

Borrower City

HACKENSACK

Borrower State

NJ

Borrower Zip

07601

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231799.00

Current Approval Amount

231799.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-0610

CD

NJ-05

Jobs Reported

11

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

231799.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

234288.46

Forgiveness Date

06/04/2021

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