PPP Loan information for Industrial motor power corporation

$318,550

Industrial motor power corporation was initially approved for PPP Loan of amount $318,550, the current approved amount is $318,550. The loan was approved on 01/20/2021 by The BMO Harris Bank National Association reported 13 jobs and $318,550 was used to fund payroll.

Industrial motor power corporation is Existing or more than 2 years old

PPP Loan Search / CA / Burbank / Industrial motor power corporation

INDUSTRIAL MOTOR POWER CORPORATION

Date Approved

01/20/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

INDUSTRIAL MOTOR POWER CORPORATION

Borrower Address

350 N Glenoaks Blvd Ste 200

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91502-1104

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318550.00

Current Approval Amount

318550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burbank

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91502-1104

CD

CA-30

Jobs Reported

13

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

318550.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

320912.58

Forgiveness Date

10/25/2021

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