PPP Loan information for Powell systems inc

$293,828

Powell systems inc was initially approved for PPP Loan of amount $293,828, the current approved amount is $293,828. The loan was approved on 01/17/2021 by The Fowler State Bank reported 21 jobs and $293,828 was used to fund payroll.

Powell systems inc is Existing or more than 2 years old

PPP Loan Search / OH / Youngstown / Powell systems inc

POWELL SYSTEMS INC

Date Approved

01/17/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

POWELL SYSTEMS INC

Borrower Address

102 Churchill-Hubbard Road

Borrower City

Youngstown

Borrower State

OH

Borrower Zip

44505

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

293827.50

Current Approval Amount

293827.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23143

Servicing Lender Name

Fowler State Bank

Servicing Lender Address

300 E 5th St

Servicing Lender City

FOWLER

Servicing Lender State

IN

Servicing Lender Zip

47944-1455

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Youngstown

Project County Name

TRUMBULL

Project State

OH

Project Zip

44505

CD

OH-13

Jobs Reported

21

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

293824.50

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

23143

Originating Lender

Fowler State Bank

Originating Lender City

FOWLER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

296113.72

Forgiveness Date

11/03/2021

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