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Higher Power Industries INC

$289,850 PPP Loan in Yonkers, New York

Loan Details

Loan Number
2936147705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$289,850
Current Approval
$289,850
Forgiveness Amount
$293,164
Forgiveness Date
Jun 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Higher Power Industries INC
Address
940 Nepperhan Avenue
City
Yonkers
State
New York
ZIP Code
10703
Business Type
Corporation
Industry (NAICS)
Manufacturing (336510)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$208,822
Rent
$31,250
Utilities
$8,055
Health Care
$41,723

Lender Information

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

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