Innovative Power Products Inc.

$455,290 PPP Loan in Holbrook, New York

Loan Details

Loan Number
3672438400
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$455,290
Current Approval
$455,290
Forgiveness Amount
$458,116
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Innovative Power Products Inc.
Address
1170 Lincoln Ave Unit 7
ZIP Code
11741-2286
Business Type
Corporation
Industry (NAICS)
Manufacturing (334419)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.7M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$455,285
Utilities
$1

Lender Information

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

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