PPP Loan information for Power equipment co

$2,793,400

Power equipment co was initially approved for PPP Loan of amount $2,793,400, the current approved amount is $2,793,400. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 151 jobs and $2,793,400 was used to fund payroll.

Power equipment co is Existing or more than 2 years old

PPP Loan Search / CO / DENVER / Power equipment co

POWER EQUIPMENT CO

Date Approved

04/12/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

POWER EQUIPMENT CO

Borrower Address

500 E 62ND AVE

Borrower City

DENVER

Borrower State

CO

Borrower Zip

80216-1133

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2793400.00

Current Approval Amount

2793400.00

Undisbursed Amount

0.00

Franchise Name

Volvo Construction Equipment - Dealer Sales and Service Agreement

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

DENVER

Project State

CO

Project Zip

80216-1133

CD

CO-08

Jobs Reported

151

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2793400.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2825679.29

Forgiveness Date

06/11/2021

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