PPP Loan information for Power solutions group ltd.

$706,559

Power solutions group ltd. was initially approved for PPP Loan of amount $706,559, the current approved amount is $706,559. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 42 jobs and $706,559 was used to fund payroll.

Power solutions group ltd. is Existing or more than 2 years old

POWER SOLUTIONS GROUP LTD.

Date Approved

05/01/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

POWER SOLUTIONS GROUP LTD.

Borrower Address

2001 COMMERCE DR

Borrower City

SIDNEY

Borrower State

OH

Borrower Zip

45365-9393

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

706559.00

Current Approval Amount

706559.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIDNEY

Project County Name

SHELBY

Project State

OH

Project Zip

45365-0001

CD

OH-15

Jobs Reported

42

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5829.00

Payroll Proceed

615187.80

Mortgage Interest Proceed

0.00

Rent Proceed

41494.00

Refinance EIDL Proceed

0.00

Health Care Proceed

44048.20

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

713098.60

Forgiveness Date

04/08/2021

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