PPP Loan information for Applied power systems, inc.

$331,406

Applied power systems, inc. was initially approved for PPP Loan of amount $331,406, the current approved amount is $331,406. The loan was approved on 04/16/2020 by The Signature Bank reported 17 jobs and $331,406 was used to fund payroll.

Applied power systems, inc. is Existing or more than 2 years old

APPLIED POWER SYSTEMS, INC.

Date Approved

04/16/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

APPLIED POWER SYSTEMS, INC.

Borrower Address

124 Charlotte Ave

Borrower City

HICKSVILLE

Borrower State

NY

Borrower Zip

11801

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331406.00

Current Approval Amount

331406.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKSVILLE

Project County Name

NASSAU

Project State

NY

Project Zip

11801-1000

CD

NY-03

Jobs Reported

17

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

331406.00

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

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

335809.61

Forgiveness Date

08/19/2021

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