Date Approved
04/04/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
POWER SOLUTIONS, INC
Borrower Address
105 E 1st St
Borrower City
ALTA
Borrower State
IA
Borrower Zip
51002-1203
Loan Status Date
06/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
95600.00
Current Approval Amount
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
Servicing Lender Zip
51301-2211
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BUENA VISTA
Project State
Project Zip
CD
IA-04
Jobs Reported
13
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1100.00
Payroll Proceed
83500.00
Mortgage Interest Proceed
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
8000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
96680.81
Forgiveness Date
05/26/2021