PPP Loan information for Industrial battery products inc.

$1,510,390

Industrial battery products inc. was initially approved for PPP Loan of amount $1,510,390, the current approved amount is $1,510,390. The loan was approved on 04/08/2020 by The Carrollton Bank reported 90 jobs and $1,510,390 was used to fund payroll.

Industrial battery products inc. is Existing or more than 2 years old

INDUSTRIAL BATTERY PRODUCTS INC.

Date Approved

04/08/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

INDUSTRIAL BATTERY PRODUCTS INC.

Borrower Address

1250 Ambassador Blvd

Borrower City

SAINT LOUIS

Borrower State

MO

Borrower Zip

63132-1706

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1510390.00

Current Approval Amount

1510390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20425

Servicing Lender Name

Carrollton Bank

Servicing Lender Address

315 Sixth St

Servicing Lender City

CARROLLTON

Servicing Lender State

IL

Servicing Lender Zip

62016-1247

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT LOUIS

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63132-1706

CD

MO-01

Jobs Reported

90

NAICS Code

335912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1132792.50

Mortgage Interest Proceed

0.00

Rent Proceed

377597.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20425

Originating Lender

Carrollton Bank

Originating Lender City

CARROLLTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1316210.94

Forgiveness Date

11/10/2020

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