PPP Loan information for Industrial power corporation

$108,100

Industrial power corporation was initially approved for PPP Loan of amount $108,100, the current approved amount is $108,100. The loan was approved on 02/10/2021 by The United Community Bank reported 15 jobs and $108,100 was used to fund payroll.

Industrial power corporation is Existing or more than 2 years old

PPP Loan Search / SC / Moore / Industrial power corporation

INDUSTRIAL POWER CORPORATION

Date Approved

02/10/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

INDUSTRIAL POWER CORPORATION

Borrower Address

422 Chamber Ln

Borrower City

Moore

Borrower State

SC

Borrower Zip

29369-8942

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108100.00

Current Approval Amount

108100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moore

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29369-8942

CD

SC-04

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108443.55

Forgiveness Date

06/15/2021

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