Innovative Power Solutions, Llc.

$852,600 PPP Loan in North Little Rock, Arkansas

Loan Details

Loan Number
7406487000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$852,600
Current Approval
$852,600
Forgiveness Amount
$863,329
Forgiveness Date
Jul 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Power Solutions, Llc.
Address
4101 Richards Rd
ZIP Code
72117-2653
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$21.4M
Rural/Urban
Urban
Congressional District
AR-01

Loan Use Breakdown

Payroll
$852,600

Lender Information

Servicing Lender
Arvest Bank
Originating Lender
Arvest Bank

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