PPP Loan information for Power design, inc.

$23,600

Power design, inc. was initially approved for PPP Loan of amount $23,600, the current approved amount is $23,600. The loan was approved on 04/27/2020 by The Univest Bank and Trust Co. reported 4 jobs and $23,600 was used to fund payroll.

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

POWER DESIGN, INC.

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

POWER DESIGN, INC.

Borrower Address

121 N. Wayne Avenue

Borrower City

Wayne

Borrower State

PA

Borrower Zip

19087

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23600.00

Current Approval Amount

23600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayne

Project County Name

DELAWARE

Project State

PA

Project Zip

19087-0001

CD

PA-06

Jobs Reported

4

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23600.00

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

Corporation

Originating Lender Location Id

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23765.52

Forgiveness Date

01/12/2021

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