PPP Loan information for Impact power solutions llc (previously ips development llc)

$332,065

Impact power solutions llc (previously ips development llc) was initially approved for PPP Loan of amount $332,065, the current approved amount is $332,065. The loan was approved on 02/27/2021 by The Atlantic Union Bank reported 21 jobs and $332,065 was used to fund payroll.

Impact power solutions llc (previously ips development llc) is Existing or more than 2 years old

IMPACT POWER SOLUTIONS LLC (PREVIOUSLY IPS DEVELOPMENT LLC)

Date Approved

02/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

IMPACT POWER SOLUTIONS LLC (PREVIOUSLY IPS DEVELOPMENT LLC)

Borrower Address

2670 Patton Rd. 2670 Patton Rd.

Borrower City

Roseville

Borrower State

MN

Borrower Zip

55113

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

332065.00

Current Approval Amount

332065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

RAMSEY

Project State

MN

Project Zip

55113

CD

MN-04

Jobs Reported

21

NAICS Code

221114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

332065.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

334232.65

Forgiveness Date

11/09/2021

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