Industrial Power INC

$264,500 PPP Loan in Fayetteville, North Carolina

Loan Details

Loan Number
7025727105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$264,500
Current Approval
$264,500
Forgiveness Amount
$267,057
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Power INC
Address
703 Whitfield St
ZIP Code
28306-1617
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531120)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-07

Loan Use Breakdown

Payroll
$264,500

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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