Industrial Power, INC

$951,700 PPP Loan in Russellville, Arkansas

Loan Details

Loan Number
6153247005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$951,700
Current Approval
$951,700
Forgiveness Amount
$957,252
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Power, INC
Address
635 Sweeden Rd
ZIP Code
72802-2285
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$23.4M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$951,700

Lender Information

Servicing Lender
Arvest Bank
Originating Lender
Arvest Bank

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