PPP Loan information for Insul-tech inc.

$1,682,757

Insul-tech inc. was initially approved for PPP Loan of amount $1,682,757, the current approved amount is $1,682,757. The loan was approved on 04/30/2020 by The Customers Bank reported 70 jobs and $1,682,757 was used to fund payroll.

Insul-tech inc. is Existing or more than 2 years old

INSUL-TECH INC.

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

INSUL-TECH INC.

Borrower Address

5724 Industry Lane

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21704

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1682757.00

Current Approval Amount

1682757.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-1600

CD

MD-06

Jobs Reported

70

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1682757.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1718671.18

Forgiveness Date

06/24/2022

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