PPP Loan information for I power electric inc.

$362,006

I power electric inc. was initially approved for PPP Loan of amount $362,006, the current approved amount is $362,006. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 21 jobs and $362,006 was used to fund payroll.

I power electric inc. is Existing or more than 2 years old

I POWER ELECTRIC INC.

Date Approved

03/12/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

I POWER ELECTRIC INC.

Borrower Address

2551 Oak Creek Ln

Borrower City

Conyers

Borrower State

GA

Borrower Zip

30094-6866

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

362006.00

Current Approval Amount

362006.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conyers

Project County Name

ROCKDALE

Project State

GA

Project Zip

30094-6866

CD

GA-04

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

362002.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345906.89

Forgiveness Date

11/10/2022

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