Date Approved
04/28/2020
SBA Office Code
1086
Processing Method
PPP
Borrower Name
INDUSTRIAL POWER SYSTEMS, LLC
Borrower Address
5151 Old Salem Road NE
Borrower City
ALBANY
Borrower State
OR
Borrower Zip
97321
Loan Status Date
04/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
257200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
59564
Servicing Lender Name
Citizens Bank
Servicing Lender Address
275 SW 3rd St
Servicing Lender City
Corvallis
Servicing Lender State
Servicing Lender Zip
97339
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
LINN
Project State
Project Zip
97321-0001
CD
OR-04
Jobs Reported
18
NAICS Code
423810
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
259370.35
Forgiveness Date
03/05/2021