Innerspec Technologies Inc.

$517,200 PPP Loan in Forest, Virginia

Loan Details

Loan Number
3347607305
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$517,200
Current Approval
$517,200
Forgiveness Amount
$521,093
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innerspec Technologies Inc.
Address
2940 Perrowville Rd
City
Forest
ZIP Code
24551
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$490,290
Utilities
$8,500
Mortgage Interest
$18,410

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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