PPP Loan information for National insulation contractors, inc.

$205,000

National insulation contractors, inc. was initially approved for PPP Loan of amount $205,000, the current approved amount is $205,000. The loan was approved on 04/28/2020 by The Cadence Bank reported 12 jobs and $205,000 was used to fund payroll.

National insulation contractors, inc. is Existing or more than 2 years old

NATIONAL INSULATION CONTRACTORS, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NATIONAL INSULATION CONTRACTORS, INC.

Borrower Address

2333 HAPPY TOP ROAD

Borrower City

MORRIS

Borrower State

AL

Borrower Zip

35116-1626

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205000.00

Current Approval Amount

205000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORRIS

Project County Name

JEFFERSON

Project State

AL

Project Zip

35116-1626

CD

AL-06

Jobs Reported

12

NAICS Code

238310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

205000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206372.36

Forgiveness Date

01/14/2021

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