Industrial Power Products INC

$526,505 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
5973407104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$526,505
Current Approval
$526,505
Forgiveness Amount
$530,991
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Power Products INC
Address
3444 Jackson Ave
ZIP Code
38122-1137
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$526,505

Lender Information

Servicing Lender
Commercial Bank and Trust Company
Originating Lender
Commercial Bank and Trust Company

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