PPP Loan information for Power technology, inc.

$66,800

Power technology, inc. was initially approved for PPP Loan of amount $66,800, the current approved amount is $66,800. The loan was approved on 04/06/2020 by The Shinhan Bank America reported 6 jobs and $66,800 was used to fund payroll.

Power technology, inc. is Existing or more than 2 years old

POWER TECHNOLOGY, INC.

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWER TECHNOLOGY, INC.

Borrower Address

142 MYER STREET

Borrower City

HACKENSACK

Borrower State

NJ

Borrower Zip

07601-4102

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66800.00

Current Approval Amount

66800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112966

Servicing Lender Name

Shinhan Bank America

Servicing Lender Address

475 Park Ave S 4th Flr

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10016-6967

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-4102

CD

NJ-05

Jobs Reported

6

NAICS Code

423420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56780.00

Mortgage Interest Proceed

0.00

Rent Proceed

10020.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112966

Originating Lender

Shinhan Bank America

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

67259.36

Forgiveness Date

12/28/2020

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