Inductance Energy Corporation

$506,688 PPP Loan in Scottsdale, Arizona

Loan Details

Loan Number
9052018301
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$506,688
Current Approval
$506,688
Forgiveness Amount
$510,193
Forgiveness Date
Oct 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Inductance Energy Corporation
Address
7543 E Tierra Buena Ln
State
Arizona
ZIP Code
85260-1630
Business Type
Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
AZ-01

Loan Use Breakdown

Payroll
$506,686
Utilities
$1

Lender Information

Servicing Lender
Southwest Heritage Bank
Originating Lender
Southwest Heritage Bank

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