Industrial Power INC
$246,280 PPP Loan in Fayetteville, North Carolina
Loan Details
- Loan Number
- 3934108505
- Date Approved
- Feb 24, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $246,280
- Current Approval
- $246,280
- Forgiveness Amount
- $248,462
- Forgiveness Date
- Jan 18, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Industrial Power INC
- Address
- 703 Whitfield St
- City
- Fayetteville
- State
- North Carolina
- ZIP Code
- 28306-1617
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423840)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- $6.4M
- Rural/Urban
- Urban
- Congressional District
- NC-07
Loan Use Breakdown
- Payroll
- $246,277
- Utilities
- $1
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
Other PPP Loans in Fayetteville, NC
| Business | Approved | |
|---|---|---|
| Worldwide Language Resources INC | $8,146,235 | |
| Union Corrugating Company Holdings, Inc. | $7,635,500 | |
| Horne Brothers Construction Inc. | $6,852,500 | |
| The Logistics Company INC | $5,995,599 | |
| The Methodist University, INC | $4,754,200 |
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