Instrumental Technologies, Inc.
$432,500 PPP Loan in Warsaw, Indiana
Loan Details
- Loan Number
- 5582577003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $432,500
- Current Approval
- $523,989
- Forgiveness Amount
- $527,337
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Instrumental Technologies, Inc.
- Address
- 727 N. Detroit St.
- City
- Warsaw
- State
- Indiana
- ZIP Code
- 46580-2910
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 45
- Estimated Revenue
- $11.0M
- Rural/Urban
- Rural
- Congressional District
- IN-02
Loan Use Breakdown
- Payroll
- $443,626
- Rent
- $10,327
- Utilities
- $22,000
- Health Care
- $39,536
- Debt Interest
- $8,500
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
Other PPP Loans in Warsaw, IN
| Business | Approved | |
|---|---|---|
| New Dalton Holdings Corporation | $4,264,500 |  AI Deep Dive |
| Wildman Business Group, LLC | $3,176,800 | AI Deep Dive |
| Flexaust Inc. | $3,164,900 | AI Deep Dive |
| Precision Medical Technologies, Inc. | $2,696,562 | AI Deep Dive |
| Cardinal Services, Inc. of Indiana | $2,300,900 | AI Deep Dive |
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