PPP Loan information for Air power inc.

$394,735

Air power inc. was initially approved for PPP Loan of amount $394,735, the current approved amount is $394,735. The loan was approved on 02/11/2021 by The JPMorgan Chase Bank, National Association reported 21 jobs and $394,735 was used to fund payroll.

Air power inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Fairfield / Air power inc.

AIR POWER INC.

Date Approved

02/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AIR POWER INC.

Borrower Address

25 Commerce Rd Ste N

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004-1619

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

394735.00

Current Approval Amount

394735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-1619

CD

NJ-11

Jobs Reported

21

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

394730.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

399849.89

Forgiveness Date

06/06/2022

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