PPP Loan information for Powerzone inc

$224,209

Powerzone inc was initially approved for PPP Loan of amount $224,209, the current approved amount is $224,209. The loan was approved on 04/28/2020 by The First Merchants Bank reported 23 jobs and $224,209 was used to fund payroll.

Powerzone inc is Existing or more than 2 years old

PPP Loan Search / OH / Toledo / Powerzone inc

POWERZONE INC

Date Approved

04/28/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

POWERZONE INC

Borrower Address

7960 W Central Ave

Borrower City

Toledo

Borrower State

OH

Borrower Zip

43617-1532

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224209.00

Current Approval Amount

224209.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Toledo

Project County Name

LUCAS

Project State

OH

Project Zip

43617-1532

CD

OH-09

Jobs Reported

23

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224209.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226260.67

Forgiveness Date

03/31/2021

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