PPP Loan information for Power solutions inc.

$106,100

Power solutions inc. was initially approved for PPP Loan of amount $106,100, the current approved amount is $106,100. The loan was approved on 02/25/2021 by The Community State Bank reported 14 jobs and $106,100 was used to fund payroll.

Power solutions inc. is Existing or more than 2 years old

PPP Loan Search / IA / Alta / Power solutions inc.

POWER SOLUTIONS INC.

Date Approved

02/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

POWER SOLUTIONS INC.

Borrower Address

105 E 1st St

Borrower City

Alta

Borrower State

IA

Borrower Zip

51002-1203

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106100.00

Current Approval Amount

106100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24536

Servicing Lender Name

Community State Bank

Servicing Lender Address

1812 Hwy Blvd

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alta

Project County Name

BUENA VISTA

Project State

IA

Project Zip

51002-1203

CD

IA-04

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

106098.00

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

24536

Originating Lender

Community State Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106957.64

Forgiveness Date

12/15/2021

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