PPP Loan information for Powerless inc

$31,255

Powerless inc was initially approved for PPP Loan of amount $31,255, the current approved amount is $31,255. The loan was approved on 02/11/2021 by The Santander Bank, National Association reported 7 jobs and $31,255 was used to fund payroll.

Powerless inc is Existing or more than 2 years old

POWERLESS INC

Date Approved

02/11/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

POWERLESS INC

Borrower Address

284 West St

Borrower City

Milford

Borrower State

MA

Borrower Zip

01757-1247

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31255.00

Current Approval Amount

31255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

WORCESTER

Project State

MA

Project Zip

01757-1247

CD

MA-04

Jobs Reported

7

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31253.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31474.21

Forgiveness Date

10/27/2021

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