PPP Loan information for Powerhouse tool & supply

$205,100

Powerhouse tool & supply was initially approved for PPP Loan of amount $205,100, the current approved amount is $205,100. The loan was approved on 04/11/2020 by The Truist Bank reported 14 jobs and $205,100 was used to fund payroll.

Powerhouse tool & supply is Existing or more than 2 years old

POWERHOUSE TOOL & SUPPLY

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

POWERHOUSE TOOL & SUPPLY

Borrower Address

201 C RITCHIE RD Ste A

Borrower City

CAPITOL HEIGHTS

Borrower State

MD

Borrower Zip

20743-3613

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205100.00

Current Approval Amount

205100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAPITOL HEIGHTS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20743-3613

CD

MD-04

Jobs Reported

14

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205100.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

207236.46

Forgiveness Date

05/10/2021

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