PPP Loan information for Power auto inc

$3,514,737

Power auto inc was initially approved for PPP Loan of amount $3,514,737, the current approved amount is $3,514,737. The loan was approved on 04/27/2020 by The Pioneer Trust Bank, National Association reported 271 jobs and $3,514,737 was used to fund payroll.

Power auto inc is Existing or more than 2 years old

POWER AUTO INC

Date Approved

04/27/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

POWER AUTO INC

Borrower Address

500 SW Sublimity Blvd

Borrower City

Sublimity

Borrower State

OR

Borrower Zip

97385-9629

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3514737.00

Current Approval Amount

3514737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59705

Servicing Lender Name

Pioneer Trust Bank, National Association

Servicing Lender Address

109 Commercial St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sublimity

Project County Name

MARION

Project State

OR

Project Zip

97385-9629

CD

OR-05

Jobs Reported

271

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3514737.00

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

59705

Originating Lender

Pioneer Trust Bank, National Association

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3558550.84

Forgiveness Date

07/30/2021

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