PPP Loan information for Advanced power inc

$44,000

Advanced power inc was initially approved for PPP Loan of amount $44,000, the current approved amount is $44,000. The loan was approved on 01/22/2021 by The Legacy Bank reported 8 jobs and $44,000 was used to fund payroll.

Advanced power inc is Existing or more than 2 years old

ADVANCED POWER INC

Date Approved

01/22/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

ADVANCED POWER INC

Borrower Address

1520 E Eagle Rd

Borrower City

Weatherford

Borrower State

OK

Borrower Zip

73096-9206

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44000.00

Current Approval Amount

44000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Weatherford

Project County Name

CUSTER

Project State

OK

Project Zip

73096-9206

CD

OK-03

Jobs Reported

8

NAICS Code

221114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43995.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44328.78

Forgiveness Date

10/25/2021

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