PPP Loan information for Power brushes, inc.

$343,700

Power brushes, inc. was initially approved for PPP Loan of amount $343,700, the current approved amount is $343,700. The loan was approved on 04/27/2020 by The Signature Bank, National Association reported 18 jobs and $343,700 was used to fund payroll.

Power brushes, inc. is Existing or more than 2 years old

PPP Loan Search / OH / TOLEDO / Power brushes, inc.

POWER BRUSHES, INC.

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

POWER BRUSHES, INC.

Borrower Address

756 S BYRNE RD

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43609-1062

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343700.00

Current Approval Amount

343700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43609-1062

CD

OH-09

Jobs Reported

18

NAICS Code

339994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

313700.00

Mortgage Interest Proceed

0.00

Rent Proceed

10500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

4500

Business Type

Subchapter S Corporation

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

346054.11

Forgiveness Date

01/12/2021

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