PPP Loan information for Power solutions inc.

$234,800

Power solutions inc. was initially approved for PPP Loan of amount $234,800, the current approved amount is $234,800. The loan was approved on 04/07/2020 by The The First National Bank of Hutchinson reported 15 jobs and $234,800 was used to fund payroll.

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

PPP Loan Search / KS / HUTCHINSON / Power solutions inc.

POWER SOLUTIONS INC.

Date Approved

04/07/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

POWER SOLUTIONS INC.

Borrower Address

4TH AVE

Borrower City

HUTCHINSON

Borrower State

KS

Borrower Zip

67501-5028

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234800.00

Current Approval Amount

234800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26005

Servicing Lender Name

The First National Bank of Hutchinson

Servicing Lender Address

1 N Main St

Servicing Lender City

HUTCHINSON

Servicing Lender State

KS

Servicing Lender Zip

67501-5229

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

RENO

Project State

KS

Project Zip

67501-5028

CD

KS-01

Jobs Reported

15

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23480.00

Payroll Proceed

187840.00

Mortgage Interest Proceed

23480.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

26005

Originating Lender

The First National Bank of Hutchinson

Originating Lender City

HUTCHINSON

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236097.92

Forgiveness Date

11/03/2020

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