Air Power Inc.

$398,677 PPP Loan in Fairfield, New Jersey

Loan Details

Loan Number
2696047710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$398,677
Current Approval
$398,677
Forgiveness Amount
$402,845
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Air Power Inc.
Address
25 Commerce Rd Ste N
ZIP Code
07004
Business Type
Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$318,942
Rent
$10,696
Utilities
$5,472
Health Care
$63,567

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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