PPP Loan information for Layerzero power systems, inc.

$995,622

Layerzero power systems, inc. was initially approved for PPP Loan of amount $995,622, the current approved amount is $995,622. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 81 jobs and $995,622 was used to fund payroll.

Layerzero power systems, inc. is Existing or more than 2 years old

LAYERZERO POWER SYSTEMS, INC.

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LAYERZERO POWER SYSTEMS, INC.

Borrower Address

1500 DANNER DR

Borrower City

AURORA

Borrower State

OH

Borrower Zip

44202

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

995622.00

Current Approval Amount

995622.00

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

AURORA

Project County Name

PORTAGE

Project State

OH

Project Zip

44202-0001

CD

OH-14

Jobs Reported

81

NAICS Code

335313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

960622.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1002397.76

Forgiveness Date

01/07/2021

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