PPP Loan information for Air power inc.

$398,677

Air power inc. was initially approved for PPP Loan of amount $398,677, the current approved amount is $398,677. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $398,677 was used to fund payroll.

Air power inc. is Existing or more than 2 years old

PPP Loan Search / NJ / FAIRFIELD / Air power inc.

AIR POWER INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AIR POWER INC.

Borrower Address

25 COMMERCE RD STE N

Borrower City

FAIRFIELD

Borrower State

NJ

Borrower Zip

07004

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398677.00

Current Approval Amount

398677.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-0011

CD

NJ-11

Jobs Reported

11

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5472.00

Payroll Proceed

318942.00

Mortgage Interest Proceed

0.00

Rent Proceed

10696.00

Refinance EIDL Proceed

0.00

Health Care Proceed

63567.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

402844.50

Forgiveness Date

05/21/2021

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