Switching Power, Inc.
$1,090,812 PPP Loan in Ronkonkoma, New York
Loan Details
- Loan Number
- 2035877105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,090,812
- Current Approval
- $1,090,812
- Forgiveness Amount
- $1,098,651
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Switching Power, Inc.
- Address
- 3601 Veterans Highway
- City
- Ronkonkoma
- State
- New York
- ZIP Code
- 11779-7617
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (335313)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 84
- Estimated Revenue
- $22.0M
- Rural/Urban
- Urban
- Congressional District
- NY-02
Loan Use Breakdown
- Payroll
- $980,812
- Rent
- $40,000
- Utilities
- $40,000
- Health Care
- $30,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Ronkonkoma, NY
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|---|---|---|
| Vormittag Associates, Inc. | $3,794,585 | |
| Perfume Worldwide Inc. | $3,080,774 | |
| Bjg Electronics Inc. | $2,780,800 | |
| Cm Richey Electrical Contractors, Inc. | $2,750,000 | |
| Hilo Equipment & Services | $2,393,460 |
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