PPP Loan information for Powerhouse outdoor equipment, inc.

$196,000

Powerhouse outdoor equipment, inc. was initially approved for PPP Loan of amount $196,000, the current approved amount is $196,000. The loan was approved on 04/08/2020 by The Magnifi Financial CU reported 14 jobs and $196,000 was used to fund payroll.

Powerhouse outdoor equipment, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT JOSEPH / Powerhouse outdoor equipment, inc.

POWERHOUSE OUTDOOR EQUIPMENT, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

POWERHOUSE OUTDOOR EQUIPMENT, INC.

Borrower Address

207 E Cedar St

Borrower City

SAINT JOSEPH

Borrower State

MN

Borrower Zip

56374-4584

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196000.00

Current Approval Amount

196000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOSEPH

Project County Name

STEARNS

Project State

MN

Project Zip

56374-4584

CD

MN-06

Jobs Reported

14

NAICS Code

811411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

160000.00

Mortgage Interest Proceed

2000.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197090.08

Forgiveness Date

11/03/2020

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