PPP Loan information for Power transmission company, inc.

$164,900

Power transmission company, inc. was initially approved for PPP Loan of amount $164,900, the current approved amount is $164,900. The loan was approved on 04/06/2020 by The County National Bank reported 11 jobs and $164,900 was used to fund payroll.

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

PPP Loan Search / MI / JACKSON / Power transmission company, inc.

POWER TRANSMISSION COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POWER TRANSMISSION COMPANY, INC.

Borrower Address

3101 PAGE AVE

Borrower City

JACKSON

Borrower State

MI

Borrower Zip

49203-2254

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164900.00

Current Approval Amount

164900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

JACKSON

Project State

MI

Project Zip

49203-2254

CD

MI-05

Jobs Reported

11

NAICS Code

423440

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

131920.00

Mortgage Interest Proceed

32980.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166026.82

Forgiveness Date

12/17/2020

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