PPP Loan information for Inductance energy corporation

$506,688

Inductance energy corporation was initially approved for PPP Loan of amount $506,688, the current approved amount is $506,688. The loan was approved on 01/30/2021 by The Commerce Bank of Arizona reported 28 jobs and $506,688 was used to fund payroll.

Inductance energy corporation is Existing or more than 2 years old

PPP Loan Search / AZ / Scottsdale / Inductance energy corporation

INDUCTANCE ENERGY CORPORATION

Date Approved

01/30/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

INDUCTANCE ENERGY CORPORATION

Borrower Address

7543 E Tierra Buena Ln

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85260-1630

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

506688.00

Current Approval Amount

506688.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

266621

Servicing Lender Name

Commerce Bank of Arizona

Servicing Lender Address

7315 N Oracle Rd, Ste 181

Servicing Lender City

TUCSON

Servicing Lender State

AZ

Servicing Lender Zip

85704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85260-1630

CD

AZ-01

Jobs Reported

28

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

506686.00

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

266621

Originating Lender

Commerce Bank of Arizona

Originating Lender City

TUCSON

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510192.59

Forgiveness Date

10/27/2021

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