PPP Loan information for Powers products co

$849,200

Powers products co was initially approved for PPP Loan of amount $849,200, the current approved amount is $849,200. The loan was approved on 02/17/2021 by The MidWestOne Bank reported 49 jobs and $849,200 was used to fund payroll.

Powers products co is Existing or more than 2 years old

POWERS PRODUCTS CO

Date Approved

02/17/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

POWERS PRODUCTS CO

Borrower Address

4400 S Federal Blvd Englewood

Borrower City

Englewood

Borrower State

CO

Borrower Zip

80110

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

849200.00

Current Approval Amount

849200.00

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

DENVER

Project State

CO

Project Zip

80110

CD

CO-01

Jobs Reported

49

NAICS Code

238150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

849198.00

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

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

852172.20

Forgiveness Date

06/28/2021

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