PPP Loan information for Power components corporation

$307,700

Power components corporation was initially approved for PPP Loan of amount $307,700, the current approved amount is $307,700. The loan was approved on 04/06/2020 by The 1st Source Bank reported 26 jobs and $307,700 was used to fund payroll.

Power components corporation is New Business or 2 years or less

PPP Loan Search / IN / FORT WAYNE / Power components corporation

POWER COMPONENTS CORPORATION

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWER COMPONENTS CORPORATION

Borrower Address

1936 West Main St

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46808-3732

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307700.00

Current Approval Amount

307700.00

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

New Business or 2 years or less

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46808-3732

CD

IN-03

Jobs Reported

26

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307700.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

310195.79

Forgiveness Date

01/28/2021

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