PPP Loan information for Power concrete cutting

$112,542

Power concrete cutting was initially approved for PPP Loan of amount $112,542, the current approved amount is $112,542. The loan was approved on 03/17/2021 by The Wells Fargo Bank, National Association reported 29 jobs and $112,542 was used to fund payroll.

Power concrete cutting is Existing or more than 2 years old

PPP Loan Search / OR / Salem / Power concrete cutting

POWER CONCRETE CUTTING

Date Approved

03/17/2021

SBA Office Code

1086

Processing Method

PPP

Borrower Name

POWER CONCRETE CUTTING

Borrower Address

1795 Baker St NE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97301-0420

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112542.00

Current Approval Amount

112542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97301-0420

CD

OR-05

Jobs Reported

29

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112540.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113420.75

Forgiveness Date

12/29/2021

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