PPP Loan information for Inter-power corp

$760,815

Inter-power corp was initially approved for PPP Loan of amount $760,815, the current approved amount is $760,815. The loan was approved on 01/23/2021 by The ChoiceOne Bank reported 50 jobs and $760,815 was used to fund payroll.

Inter-power corp is Existing or more than 2 years old

PPP Loan Search / MI / Almont / Inter-power corp

INTER-POWER CORP

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INTER-POWER CORP

Borrower Address

3578 Van Dyke Rd

Borrower City

Almont

Borrower State

MI

Borrower Zip

48003-8045

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

760815.00

Current Approval Amount

760815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Almont

Project County Name

LAPEER

Project State

MI

Project Zip

48003-8045

CD

MI-09

Jobs Reported

50

NAICS Code

333994

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

760811.00

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

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

769152.70

Forgiveness Date

03/10/2022

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