PPP Loan information for Impel industries inc.

$301,002

Impel industries inc. was initially approved for PPP Loan of amount $301,002, the current approved amount is $301,002. The loan was approved on 01/29/2021 by The Fifth Third Bank reported 19 jobs and $301,002 was used to fund payroll.

Impel industries inc. is Existing or more than 2 years old

IMPEL INDUSTRIES INC.

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IMPEL INDUSTRIES INC.

Borrower Address

44494 Phoenix Dr

Borrower City

Sterling Hts

Borrower State

MI

Borrower Zip

48314-1467

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

301002.00

Current Approval Amount

301002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Hts

Project County Name

MACOMB

Project State

MI

Project Zip

48314-1467

CD

MI-10

Jobs Reported

19

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

300999.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303786.27

Forgiveness Date

01/06/2022

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