PPP Loan information for Premium power inc

$92,591

Premium power inc was initially approved for PPP Loan of amount $92,591, the current approved amount is $92,591. The loan was approved on 04/15/2020 by The Uwharrie Bank reported 13 jobs and $92,591 was used to fund payroll.

Premium power inc is Existing or more than 2 years old

PPP Loan Search / NC / Concord / Premium power inc

PREMIUM POWER INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PREMIUM POWER INC

Borrower Address

1012 Central Drive

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-4202

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92591.15

Current Approval Amount

92591.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

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

28027-4202

CD

NC-12

Jobs Reported

13

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8518.23

Payroll Proceed

74072.92

Mortgage Interest Proceed

10000.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93483.63

Forgiveness Date

04/06/2021

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