PPP Loan information for Power systems electrical, inc

$192,539

Power systems electrical, inc was initially approved for PPP Loan of amount $192,539, the current approved amount is $192,539. The loan was approved on 04/11/2020 by The Volunteer State Bank reported 21 jobs and $192,539 was used to fund payroll.

Power systems electrical, inc is Existing or more than 2 years old

POWER SYSTEMS ELECTRICAL, INC

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

POWER SYSTEMS ELECTRICAL, INC

Borrower Address

PO BOX 1152

Borrower City

BRENTWOOD

Borrower State

TN

Borrower Zip

37024-1152

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192539.15

Current Approval Amount

192539.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRENTWOOD

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37024-1152

CD

TN-05

Jobs Reported

21

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

192539.15

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

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193828.09

Forgiveness Date

12/11/2020

;