PPP Loan information for Twin power inc

$40,800

Twin power inc was initially approved for PPP Loan of amount $40,800, the current approved amount is $40,800. The loan was approved on 04/28/2020 by The First Merchants Bank reported 1 jobs and $40,800 was used to fund payroll.

Twin power inc is Existing or more than 2 years old

TWIN POWER INC

Date Approved

04/28/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

TWIN POWER INC

Borrower Address

118 Hilltop Road

Borrower City

Oxford

Borrower State

OH

Borrower Zip

45056

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40800.00

Current Approval Amount

40800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oxford

Project County Name

BUTLER

Project State

OH

Project Zip

45056-0001

CD

OH-08

Jobs Reported

1

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40800.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41163.29

Forgiveness Date

03/29/2021

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