PPP Loan information for Power fact electric inc

$81,900

Power fact electric inc was initially approved for PPP Loan of amount $81,900, the current approved amount is $81,900. The loan was approved on 01/27/2021 by The Bank of America, National Association reported 7 jobs and $81,900 was used to fund payroll.

Power fact electric inc is Existing or more than 2 years old

PPP Loan Search / MA / Everett / Power fact electric inc

POWER FACT ELECTRIC INC

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

POWER FACT ELECTRIC INC

Borrower Address

38 Garland St

Borrower City

Everett

Borrower State

MA

Borrower Zip

02149-5027

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81900.00

Current Approval Amount

81900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Everett

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02149-5027

CD

MA-07

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81900.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82348.77

Forgiveness Date

08/18/2021

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