PPP Loan information for Powder works, inc.

$144,200

Powder works, inc. was initially approved for PPP Loan of amount $144,200, the current approved amount is $144,200. The loan was approved on 04/07/2020 by The First-Citizens Bank & Trust Company reported 6 jobs and $144,200 was used to fund payroll.

Powder works, inc. is New Business or 2 years or less

PPP Loan Search / NC / HIGH POINT / Powder works, inc.

POWDER WORKS, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POWDER WORKS, INC.

Borrower Address

PO Box 1762

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27261

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144200.00

Current Approval Amount

144200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27261-0001

CD

NC-06

Jobs Reported

6

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

144200.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

145930.40

Forgiveness Date

06/22/2021

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