PPP Loan information for Power performance inc

$562,745

Power performance inc was initially approved for PPP Loan of amount $562,745, the current approved amount is $562,745. The loan was approved on 01/21/2021 by The Loan Source Incorporated reported 22 jobs and $562,745 was used to fund payroll.

Power performance inc is Existing or more than 2 years old

POWER PERFORMANCE INC

Date Approved

01/21/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

POWER PERFORMANCE INC

Borrower Address

1115 Hugh Wallis Rd S

Borrower City

Lafayette

Borrower State

LA

Borrower Zip

70508-2515

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562745.00

Current Approval Amount

562745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70508-2515

CD

LA-03

Jobs Reported

22

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

562743.00

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

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570407.58

Forgiveness Date

06/07/2022

;