PPP Loan information for Powercut service corp.

$47,200

Powercut service corp. was initially approved for PPP Loan of amount $47,200, the current approved amount is $47,200. The loan was approved on 01/23/2021 by The Citizens Bank, National Association reported 3 jobs and $47,200 was used to fund payroll.

Powercut service corp. is Existing or more than 2 years old

POWERCUT SERVICE CORP.

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

POWERCUT SERVICE CORP.

Borrower Address

80 Lowell Dr

Borrower City

Stow

Borrower State

MA

Borrower Zip

01775-1073

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47200.00

Current Approval Amount

47200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stow

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01775-1073

CD

MA-03

Jobs Reported

3

NAICS Code

333318

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47198.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47461.22

Forgiveness Date

08/18/2021

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