Date Approved
04/28/2020
SBA Office Code
0679
Processing Method
PPP
Borrower Name
POWER MORTGAGE, INC.
Borrower Address
568 Belle Terre Blvd,
Borrower City
La Place
Borrower State
LA
Borrower Zip
70068
Loan Status Date
08/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
197289.30
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2408
Servicing Lender Name
Regions Bank
Servicing Lender Address
1900 Fifth Avenue North
Servicing Lender City
BIRMINGHAM
Servicing Lender State
AL
Servicing Lender Zip
35203
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
ST JOHN THE BAPTIST
Project State
Project Zip
70068-1600
CD
LA-06
Jobs Reported
13
NAICS Code
522292
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
199694.61
Forgiveness Date
07/21/2021