PPP Loan information for Renewable power systems inc.

$24,337

Renewable power systems inc. was initially approved for PPP Loan of amount $24,337, the current approved amount is $24,337. The loan was approved on 05/07/2020 by The Bank of America, National Association reported 6 jobs and $24,337 was used to fund payroll.

Renewable power systems inc. is New Business or 2 years or less

PPP Loan Search / IL / BARRINGTON / Renewable power systems inc.

RENEWABLE POWER SYSTEMS INC.

Date Approved

05/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RENEWABLE POWER SYSTEMS INC.

Borrower Address

20960 N RAND RD

Borrower City

BARRINGTON

Borrower State

IL

Borrower Zip

60010

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24337.00

Current Approval Amount

24337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BARRINGTON

Project County Name

LAKE

Project State

IL

Project Zip

60010-0001

CD

IL-05

Jobs Reported

6

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24337.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24753.73

Forgiveness Date

01/28/2022

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