PPP Loan information for Npower inc.

$2,511,000

Npower inc. was initially approved for PPP Loan of amount $2,511,000, the current approved amount is $2,511,000. The loan was approved on 04/06/2020 by The DR Bank reported 120 jobs and $2,511,000 was used to fund payroll.

Npower inc. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Npower inc.

NPOWER INC.

Date Approved

04/06/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

NPOWER INC.

Borrower Address

55 Washington Street Suite 560

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11201-0004

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2511000.00

Current Approval Amount

2511000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440858

Servicing Lender Name

DR Bank

Servicing Lender Address

1001 Post Rd

Servicing Lender City

DARIEN

Servicing Lender State

CT

Servicing Lender Zip

06820-4553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11201-0004

CD

NY-10

Jobs Reported

120

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4804.00

Payroll Proceed

2367770.00

Mortgage Interest Proceed

0.00

Rent Proceed

138426.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

440858

Originating Lender

DR Bank

Originating Lender City

DARIEN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2539876.50

Forgiveness Date

06/10/2021

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