PPP Loan information for Commercial power inc.

$243,839

Commercial power inc. was initially approved for PPP Loan of amount $243,965, the current approved amount is $243,839. The loan was approved on 01/28/2021 by The Loan Source Incorporated reported 17 jobs and $243,839 was used to fund payroll.

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

COMMERCIAL POWER INC.

Date Approved

01/28/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

COMMERCIAL POWER INC.

Borrower Address

6495 Ellenwood Dr

Borrower City

La Plata

Borrower State

MD

Borrower Zip

20646-3533

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243965.00

Current Approval Amount

243839.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Plata

Project County Name

CHARLES

Project State

MD

Project Zip

20646-3533

CD

MD-05

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243839.00

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

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246324.15

Forgiveness Date

03/03/2022

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