Induction Technology Corporation
$289,887 PPP Loan in West Islip, New York
Loan Details
- Loan Number
- 2353907706
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $289,887
- Current Approval
- $289,887
- Forgiveness Amount
- $293,888
- Forgiveness Date
- Sep 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Induction Technology Corporation
- Address
- 687 Tanglewood Rd
- City
- West Islip
- State
- New York
- ZIP Code
- 11795
- Business Type
- Corporation
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 16
- Estimated Revenue
- N/A
- Rural/Urban
- Urban
- Congressional District
- NY-02
Loan Use Breakdown
- Payroll
- $269,887
- Rent
- $14,000
- Utilities
- $6,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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