PPP Loan information for Innovative power solutions llc.

$912,500

Innovative power solutions llc. was initially approved for PPP Loan of amount $912,500, the current approved amount is $912,500. The loan was approved on 01/20/2021 by The Arvest Bank reported 65 jobs and $912,500 was used to fund payroll.

Innovative power solutions llc. is Existing or more than 2 years old

INNOVATIVE POWER SOLUTIONS LLC.

Date Approved

01/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

INNOVATIVE POWER SOLUTIONS LLC.

Borrower Address

4101 Richards Rd

Borrower City

North Little Rock

Borrower State

AR

Borrower Zip

72117-2653

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

912500.00

Current Approval Amount

912500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72117-2653

CD

AR-01

Jobs Reported

65

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

912494.00

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

920306.94

Forgiveness Date

12/01/2021

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