PPP Loan information for Power services inc

$1,736,797

Power services inc was initially approved for PPP Loan of amount $1,736,797, the current approved amount is $1,736,797. The loan was approved on 02/17/2021 by The PNC Bank, National Association reported 60 jobs and $1,736,797 was used to fund payroll.

Power services inc is Existing or more than 2 years old

POWER SERVICES INC

Date Approved

02/17/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

POWER SERVICES INC

Borrower Address

4372 Lottsford Vista Rd 4372 Lottsford Vista Rd

Borrower City

Lanham

Borrower State

MD

Borrower Zip

20706-4817

Loan Status Date

05/06/2023

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

1736797.00

Current Approval Amount

1736797.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lanham

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20706-4817

CD

MD-04

Jobs Reported

60

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1736791.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1775778.44

Forgiveness Date

05/19/2023

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