PPP Loan information for Distributed power llc`

$98,948

Distributed power llc` was initially approved for PPP Loan of amount $98,948, the current approved amount is $98,948. The loan was approved on 05/01/2020 by The Cross River Bank reported 15 jobs and $98,948 was used to fund payroll.

Distributed power llc` is Existing or more than 2 years old

DISTRIBUTED POWER LLC`

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DISTRIBUTED POWER LLC`

Borrower Address

116 Candler

Borrower City

Highland Park

Borrower State

MI

Borrower Zip

48203

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98948.00

Current Approval Amount

98948.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Highland Park

Project County Name

WAYNE

Project State

MI

Project Zip

48203-0001

CD

MI-13

Jobs Reported

15

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98948.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101008.29

Forgiveness Date

06/07/2022

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