PPP Loan information for Applied power systems inc

$344,939

Applied power systems inc was initially approved for PPP Loan of amount $344,939, the current approved amount is $344,939. The loan was approved on 03/18/2021 by The Signature Bank reported 18 jobs and $344,939 was used to fund payroll.

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

PPP Loan Search / NY / Hicksville / Applied power systems inc

APPLIED POWER SYSTEMS INC

Date Approved

03/18/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

APPLIED POWER SYSTEMS INC

Borrower Address

124 Charlotte Ave

Borrower City

Hicksville

Borrower State

NY

Borrower Zip

11801-2620

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344939.17

Current Approval Amount

344939.17

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Hicksville

Project County Name

NASSAU

Project State

NY

Project Zip

11801-2620

CD

NY-03

Jobs Reported

18

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

344934.17

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

348067.25

Forgiveness Date

02/17/2022

;