PPP Loan information for Interpower induction services, inc.

$190,275

Interpower induction services, inc. was initially approved for PPP Loan of amount $190,275, the current approved amount is $190,275. The loan was approved on 04/09/2020 by The ChoiceOne Bank reported 15 jobs and $190,275 was used to fund payroll.

Interpower induction services, inc. is Existing or more than 2 years old

INTERPOWER INDUCTION SERVICES, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTERPOWER INDUCTION SERVICES, INC.

Borrower Address

34197 DOREKA

Borrower City

FRASER

Borrower State

MI

Borrower Zip

48026-3435

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190275.00

Current Approval Amount

190275.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRASER

Project County Name

MACOMB

Project State

MI

Project Zip

48026-3435

CD

MI-10

Jobs Reported

15

NAICS Code

333994

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

190275.00

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

191953.59

Forgiveness Date

03/08/2021

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