PPP Loan information for Power motion, inc

$551,269

Power motion, inc was initially approved for PPP Loan of amount $551,269, the current approved amount is $551,269. The loan was approved on 04/08/2020 by The Carrollton Bank reported 28 jobs and $551,269 was used to fund payroll.

Power motion, inc is Existing or more than 2 years old

PPP Loan Search / MO / FENTON / Power motion, inc

POWER MOTION, INC

Date Approved

04/08/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

POWER MOTION, INC

Borrower Address

652 Axminster Drive

Borrower City

FENTON

Borrower State

MO

Borrower Zip

63026

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551269.34

Current Approval Amount

551269.34

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20425

Servicing Lender Name

Carrollton Bank

Servicing Lender Address

315 Sixth St

Servicing Lender City

CARROLLTON

Servicing Lender State

IL

Servicing Lender Zip

62016-1247

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-0001

CD

MO-08

Jobs Reported

28

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

413452.01

Mortgage Interest Proceed

0.00

Rent Proceed

137817.33

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20425

Originating Lender

Carrollton Bank

Originating Lender City

CARROLLTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

544396.67

Forgiveness Date

11/12/2020

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