PPP Loan information for Ipsun power inc

$448,655

Ipsun power inc was initially approved for PPP Loan of amount $394,237, the current approved amount is $448,655. The loan was approved on 01/22/2021 by The Manufacturers and Traders Trust Company reported 42 jobs and $448,655 was used to fund payroll.

Ipsun power inc is Existing or more than 2 years old

IPSUN POWER INC

Date Approved

01/22/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

IPSUN POWER INC

Borrower Address

9504 Poplar Leaf Ct

Borrower City

Fairfax

Borrower State

VA

Borrower Zip

22031-1150

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

394237.00

Current Approval Amount

448655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfax

Project County Name

FAIRFAX

Project State

VA

Project Zip

22031-1150

CD

VA-11

Jobs Reported

42

NAICS Code

221114

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

448652.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

452158.15

Forgiveness Date

11/16/2021

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