PPP Loan information for Powers reinforcing fabricators, llc

$691,000

Powers reinforcing fabricators, llc was initially approved for PPP Loan of amount $691,000, the current approved amount is $691,000. The loan was approved on 04/09/2020 by The Bank 34 reported 38 jobs and $691,000 was used to fund payroll.

Powers reinforcing fabricators, llc is Existing or more than 2 years old

POWERS REINFORCING FABRICATORS, LLC

Date Approved

04/09/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

POWERS REINFORCING FABRICATORS, LLC

Borrower Address

4831 S. 35th Place #1

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85040-2821

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691000.00

Current Approval Amount

691000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81318

Servicing Lender Name

Bank 34

Servicing Lender Address

8777 E Hartford Dr, Ste 100

Servicing Lender City

Scottsdale

Servicing Lender State

AZ

Servicing Lender Zip

85255

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85040-2821

CD

AZ-03

Jobs Reported

38

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

577525.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

113475.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

81318

Originating Lender

Bank 34

Originating Lender City

Scottsdale

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

696433.34

Forgiveness Date

02/01/2021

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