PPP Loan information for Ipsun power, inc

$284,800

Ipsun power, inc was initially approved for PPP Loan of amount $318,700, the current approved amount is $284,800. The loan was approved on 04/04/2020 by The MainStreet Bank reported 34 jobs and $284,800 was used to fund payroll.

Ipsun power, inc is Existing or more than 2 years old

IPSUN POWER, INC

Date Approved

04/04/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

IPSUN POWER, INC

Borrower Address

9504 POPLAR LEAF CT

Borrower City

FAIRFAX

Borrower State

VA

Borrower Zip

22031-1150

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318700.00

Current Approval Amount

284800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378264

Servicing Lender Name

MainStreet Bank

Servicing Lender Address

10089 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-1742

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

34

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

284800.00

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

378264

Originating Lender

MainStreet Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

286368.35

Forgiveness Date

11/05/2020

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