PPP Loan information for Power mortgage, inc.

$197,289

Power mortgage, inc. was initially approved for PPP Loan of amount $197,289, the current approved amount is $197,289. The loan was approved on 04/28/2020 by The Regions Bank reported 13 jobs and $197,289 was used to fund payroll.

Power mortgage, inc. is New Business or 2 years or less

POWER MORTGAGE, INC.

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

197289.30

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

N

Business Age Description

New Business or 2 years or less

Project City

La Place

Project County Name

ST JOHN THE BAPTIST

Project State

LA

Project Zip

70068-1600

CD

LA-06

Jobs Reported

13

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197289.30

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199694.61

Forgiveness Date

07/21/2021

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