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
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

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