PPP Loan information for Insyst inc

$185,933

Insyst inc was initially approved for PPP Loan of amount $185,933, the current approved amount is $185,933. The loan was approved on 03/31/2021 by The Ion Bank reported 9 jobs and $185,933 was used to fund payroll.

Insyst inc is Existing or more than 2 years old

INSYST INC

Date Approved

03/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

INSYST INC

Borrower Address

140 Littleton Rd Ste 303

Borrower City

Parsippany

Borrower State

NJ

Borrower Zip

07054-1895

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185932.50

Current Approval Amount

185932.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parsippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-1895

CD

NJ-11

Jobs Reported

9

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

185928.50

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186757.73

Forgiveness Date

09/29/2021

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