PPP Loan information for Mountain power systems inc

$331,868

Mountain power systems inc was initially approved for PPP Loan of amount $331,868, the current approved amount is $331,868. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 31 jobs and $331,868 was used to fund payroll.

Mountain power systems inc is Existing or more than 2 years old

PPP Loan Search / NC / MORRISVILLE / Mountain power systems inc

MOUNTAIN POWER SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOUNTAIN POWER SYSTEMS INC

Borrower Address

2700 PERIMETER PARK DRIVE SUITE 150

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331868.00

Current Approval Amount

331868.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

WAKE

Project State

NC

Project Zip

27560-0001

CD

NC-02

Jobs Reported

31

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

331868.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

336041.35

Forgiveness Date

08/10/2021

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