PPP Loan information for Innovative power solutions, llc.

$852,600

Innovative power solutions, llc. was initially approved for PPP Loan of amount $852,600, the current approved amount is $852,600. The loan was approved on 04/07/2020 by The Arvest Bank reported 65 jobs and $852,600 was used to fund payroll.

Innovative power solutions, llc. is Existing or more than 2 years old

INNOVATIVE POWER SOLUTIONS, LLC.

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

INNOVATIVE POWER SOLUTIONS, LLC.

Borrower Address

4101 RICHARDS RD

Borrower City

NORTH LITTLE ROCK

Borrower State

AR

Borrower Zip

72117-2653

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

852600.00

Current Approval Amount

852600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH LITTLE ROCK

Project County Name

PULASKI

Project State

AR

Project Zip

72117-2653

CD

AR-01

Jobs Reported

65

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

852600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

863328.55

Forgiveness Date

07/08/2021

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