PPP Loan information for Electronic power systems, inc.

$95,433

Electronic power systems, inc. was initially approved for PPP Loan of amount $95,433, the current approved amount is $95,433. The loan was approved on 04/09/2020 by The First Horizon Bank reported 5 jobs and $95,433 was used to fund payroll.

Electronic power systems, inc. is Existing or more than 2 years old

PPP Loan Search / TN / COLLIERVILLE / Electronic power systems, inc.

ELECTRONIC POWER SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ELECTRONIC POWER SYSTEMS, INC.

Borrower Address

191 IVY BROOK LN

Borrower City

COLLIERVILLE

Borrower State

TN

Borrower Zip

38017-8793

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95433.00

Current Approval Amount

95433.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLIERVILLE

Project County Name

SHELBY

Project State

TN

Project Zip

38017-8793

CD

TN-08

Jobs Reported

5

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

83931.00

Mortgage Interest Proceed

960.00

Rent Proceed

3200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6842.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96445.65

Forgiveness Date

05/13/2021

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