PPP Loan information for Powers products co

$854,500

Powers products co was initially approved for PPP Loan of amount $854,500, the current approved amount is $854,500. The loan was approved on 04/06/2020 by The MidWestOne Bank reported 49 jobs and $854,500 was used to fund payroll.

Powers products co is Existing or more than 2 years old

PPP Loan Search / CO / ENGLEWOOD / Powers products co

POWERS PRODUCTS CO

Date Approved

04/06/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

POWERS PRODUCTS CO

Borrower Address

4400 South Federal Blvd

Borrower City

ENGLEWOOD

Borrower State

CO

Borrower Zip

80110-5312

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

854500.00

Current Approval Amount

854500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ENGLEWOOD

Project County Name

ARAPAHOE

Project State

CO

Project Zip

80110-5312

CD

CO-06

Jobs Reported

49

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

53406.25

Payroll Proceed

640875.00

Mortgage Interest Proceed

53406.25

Rent Proceed

53406.25

Refinance EIDL Proceed

0.00

Health Care Proceed

53406.25

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

859793.15

Forgiveness Date

11/25/2020

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