PPP Loan information for Air power inc.

$2,277,600

Air power inc. was initially approved for PPP Loan of amount $2,277,600, the current approved amount is $2,277,600. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 135 jobs and $2,277,600 was used to fund payroll.

Air power inc. is Existing or more than 2 years old

PPP Loan Search / NC / HIGH POINT / Air power inc.

AIR POWER INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AIR POWER INC.

Borrower Address

1430 TRINITY AVE BOX 5409

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27260-8360

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2277600.00

Current Approval Amount

2277600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27260-8360

CD

NC-06

Jobs Reported

135

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2277600.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2303620.80

Forgiveness Date

06/09/2021

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