PPP Loan information for Ik power system solutions inc

$245,980

Ik power system solutions inc was initially approved for PPP Loan of amount $245,980, the current approved amount is $245,980. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $245,980 was used to fund payroll.

Ik power system solutions inc is Existing or more than 2 years old

PPP Loan Search / OH / TOLEDO / Ik power system solutions inc

IK POWER SYSTEM SOLUTIONS INC

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

IK POWER SYSTEM SOLUTIONS INC

Borrower Address

2939 SPRING WATER DR

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43617

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245980.00

Current Approval Amount

245980.00

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

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43617-0400

CD

OH-09

Jobs Reported

11

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3200.00

Payroll Proceed

231280.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2500.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

248450.87

Forgiveness Date

05/06/2021

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