Inverter Designs Inc.

$62,500 PPP Loan in Lancaster, Texas

Loan Details

Loan Number
1078127403
Date Approved
May 3, 2020
Loan Status
Paid in Full
Initial Approval
$62,500
Current Approval
$62,500
Forgiveness Amount
$62,926
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Inverter Designs Inc.
Address
2111 Lancaster Hutchins Rd
State
Texas
ZIP Code
75134-3419
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-30

Loan Use Breakdown

Payroll
$62,500

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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