PPP Loan information for Powerline imports inc.

$280,784

Powerline imports inc. was initially approved for PPP Loan of amount $280,784, the current approved amount is $280,784. The loan was approved on 01/20/2021 by The New Millennium Bank reported 22 jobs and $280,784 was used to fund payroll.

Powerline imports inc. is Existing or more than 2 years old

PPP Loan Search / NJ / East Rutherford / Powerline imports inc.

POWERLINE IMPORTS INC.

Date Approved

01/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

POWERLINE IMPORTS INC.

Borrower Address

2 E Union Ave

Borrower City

East Rutherford

Borrower State

NJ

Borrower Zip

07073-2125

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

280784.33

Current Approval Amount

280784.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124112

Servicing Lender Name

New Millennium Bank

Servicing Lender Address

222 Bridge Plz South, Ste 400

Servicing Lender City

FORT LEE

Servicing Lender State

NJ

Servicing Lender Zip

07024-5730

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Rutherford

Project County Name

BERGEN

Project State

NJ

Project Zip

07073-2125

CD

NJ-09

Jobs Reported

22

NAICS Code

423320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

280784.33

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

124112

Originating Lender

New Millennium Bank

Originating Lender City

FORT LEE

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

282084.40

Forgiveness Date

07/14/2021

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