PPP Loan information for Powell tool supply inc

$203,900

Powell tool supply inc was initially approved for PPP Loan of amount $203,900, the current approved amount is $203,900. The loan was approved on 04/15/2020 by The 1st Source Bank reported 18 jobs and $203,900 was used to fund payroll.

Powell tool supply inc is Existing or more than 2 years old

PPP Loan Search / IN / SOUTH BEND / Powell tool supply inc

POWELL TOOL SUPPLY INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWELL TOOL SUPPLY INC

Borrower Address

1338 Mishawaka Ave

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46615

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203900.00

Current Approval Amount

203900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46615-0001

CD

IN-02

Jobs Reported

18

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

203900.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

205786.07

Forgiveness Date

03/23/2021

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