PPP Loan information for Electrical power products inc.

$3,969,800

Electrical power products inc. was initially approved for PPP Loan of amount $3,969,800, the current approved amount is $3,969,800. The loan was approved on 04/14/2020 by The Bankers Trust Company reported 334 jobs and $3,969,800 was used to fund payroll.

Electrical power products inc. is Unanswered

PPP Loan Search / IA / DES MOINES / Electrical power products inc.

ELECTRICAL POWER PRODUCTS INC.

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ELECTRICAL POWER PRODUCTS INC.

Borrower Address

4240 ARMY POST RD

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50315

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3969800.00

Current Approval Amount

3969800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24841

Servicing Lender Name

Bankers Trust Company

Servicing Lender Address

453 7th St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-4110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50315-0005

CD

IA-03

Jobs Reported

334

NAICS Code

335313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3969800.00

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

24841

Originating Lender

Bankers Trust Company

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4015153.61

Forgiveness Date

06/09/2021

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