PPP Loan information for Powers of automation inc

$638,023

Powers of automation inc was initially approved for PPP Loan of amount $638,023, the current approved amount is $638,023. The loan was approved on 04/10/2020 by The First Interstate Bank reported 39 jobs and $638,023 was used to fund payroll.

Powers of automation inc is Existing or more than 2 years old

POWERS OF AUTOMATION INC

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

POWERS OF AUTOMATION INC

Borrower Address

61533 AMERICAN LOOP STE 1

Borrower City

BEND

Borrower State

OR

Borrower Zip

97702-9406

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

638023.00

Current Approval Amount

638023.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEND

Project County Name

DESCHUTES

Project State

OR

Project Zip

97702-9406

CD

OR-02

Jobs Reported

39

NAICS Code

335313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

638023.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

632118.05

Forgiveness Date

12/08/2020

;