PPP Loan information for Power motive corp

$2,000,000

Power motive corp was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/03/2021 by The PNC Bank, National Association reported 164 jobs and $2,000,000 was used to fund payroll.

Power motive corp is Existing or more than 2 years old

POWER MOTIVE CORP

Date Approved

02/03/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

POWER MOTIVE CORP

Borrower Address

5000 Vasquez Blvd

Borrower City

Denver

Borrower State

CO

Borrower Zip

80216-3029

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Denver

Project County Name

DENVER

Project State

CO

Project Zip

80216-3029

CD

CO-01

Jobs Reported

164

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023166.67

Forgiveness Date

04/07/2022

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