PPP Loan information for Power equipment inc

$59,700

Power equipment inc was initially approved for PPP Loan of amount $59,700, the current approved amount is $59,700. The loan was approved on 04/07/2020 by The Live Oak Banking Company reported 10 jobs and $59,700 was used to fund payroll.

Power equipment inc is New Business or 2 years or less

PPP Loan Search / OR / Grants Pass / Power equipment inc

POWER EQUIPMENT INC

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

POWER EQUIPMENT INC

Borrower Address

1307 Redwood Ave

Borrower City

Grants Pass

Borrower State

OR

Borrower Zip

97527

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59700.00

Current Approval Amount

59700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Grants Pass

Project County Name

JOSEPHINE

Project State

OR

Project Zip

97527-0001

CD

OR-02

Jobs Reported

10

NAICS Code

444210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59700.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60045.12

Forgiveness Date

11/12/2020

;