PPP Loan information for Powder plus inc

$88,131

Powder plus inc was initially approved for PPP Loan of amount $88,131, the current approved amount is $88,131. The loan was approved on 02/03/2021 by The First National Bank reported 11 jobs and $88,131 was used to fund payroll.

Powder plus inc is Existing or more than 2 years old

POWDER PLUS INC

Date Approved

02/03/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

POWDER PLUS INC

Borrower Address

3568 Kelton Jackson Rd

Borrower City

Springfield

Borrower State

TN

Borrower Zip

37172-5073

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88130.65

Current Approval Amount

88130.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

ROBERTSON

Project State

TN

Project Zip

37172-5073

CD

TN-06

Jobs Reported

11

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88127.65

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

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88425.22

Forgiveness Date

06/15/2021

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