PPP Loan information for Powerline restaurant inc

$64,000

Powerline restaurant inc was initially approved for PPP Loan of amount $64,000, the current approved amount is $64,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $64,000 was used to fund payroll.

Powerline restaurant inc is New Business or 2 years or less

POWERLINE RESTAURANT INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

POWERLINE RESTAURANT INC

Borrower Address

163 S POMPANO PKWY

Borrower City

POMPANO BEACH

Borrower State

FL

Borrower Zip

33069-3003

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64000.00

Current Approval Amount

64000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

POMPANO BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33069-3003

CD

FL-20

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64703.12

Forgiveness Date

06/10/2021

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