PPP Loan information for Industrial power systems llc

$257,200

Industrial power systems llc was initially approved for PPP Loan of amount $257,200, the current approved amount is $257,200. The loan was approved on 03/06/2021 by The Citizens Bank reported 16 jobs and $257,200 was used to fund payroll.

Industrial power systems llc is Existing or more than 2 years old

PPP Loan Search / OR / Albany / Industrial power systems llc

INDUSTRIAL POWER SYSTEMS LLC

Date Approved

03/06/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

INDUSTRIAL POWER SYSTEMS LLC

Borrower Address

5151 Old Salem Rd NE

Borrower City

Albany

Borrower State

OR

Borrower Zip

97321-4579

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

257200.00

Current Approval Amount

257200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59564

Servicing Lender Name

Citizens Bank

Servicing Lender Address

275 SW 3rd St

Servicing Lender City

Corvallis

Servicing Lender State

OR

Servicing Lender Zip

97339

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

LINN

Project State

OR

Project Zip

97321-4579

CD

OR-05

Jobs Reported

16

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

257196.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59564

Originating Lender

Citizens Bank

Originating Lender City

Corvallis

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258813.67

Forgiveness Date

10/26/2021

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