# PPP loan: INTER-POWER CORPORATION
> **$761K** approved 04/09/2020 · Paid in Full · Loan `1067767107`
## Borrower
- **Name:** INTER-POWER CORPORATION
- **Address:** 3578 VAN DYKE RD, ALMONT, MI, 48003-8045
- **NAICS:** 333994
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $761K
- **Initial approval:** $761K
- **Forgiven:** $768K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $761K
- **Jobs reported:** 62
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*