PPP Loan information for Power business products

$15,625

Power business products was initially approved for PPP Loan of amount $15,625, the current approved amount is $15,625. The loan was approved on 04/30/2020 by The Uwharrie Bank reported 1 jobs and $15,625 was used to fund payroll.

Power business products is Existing or more than 2 years old

POWER BUSINESS PRODUCTS

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POWER BUSINESS PRODUCTS

Borrower Address

1001 SOMERSBY LANE

Borrower City

MATTHEWS

Borrower State

NC

Borrower Zip

28105-1508

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15625.00

Current Approval Amount

15625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTHEWS

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28105-1508

CD

NC-14

Jobs Reported

1

NAICS Code

424110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15625.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15769.10

Forgiveness Date

04/06/2021

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