PPP Loan information for Powertek equipment inc.

$78,903

Powertek equipment inc. was initially approved for PPP Loan of amount $78,903, the current approved amount is $78,903. The loan was approved on 02/19/2021 by The American Lending Center reported 9 jobs and $78,903 was used to fund payroll.

Powertek equipment inc. is Existing or more than 2 years old

PPP Loan Search / NC / Concord / Powertek equipment inc.

POWERTEK EQUIPMENT INC.

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POWERTEK EQUIPMENT INC.

Borrower Address

2052 Wilshire Ct SW

Borrower City

Concord

Borrower State

NC

Borrower Zip

28025-6417

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78903.29

Current Approval Amount

78903.29

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28025-6417

CD

NC-12

Jobs Reported

9

NAICS Code

333120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78903.29

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

530223

Originating Lender

American Lending Center

Originating Lender City

Long Beach

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79652.87

Forgiveness Date

02/08/2022

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