PPP Loan information for The power place

$60,369

The power place was initially approved for PPP Loan of amount $60,369, the current approved amount is $60,369. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $60,369 was used to fund payroll.

The power place is New Business or 2 years or less

THE POWER PLACE

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE POWER PLACE

Borrower Address

576 ROSEDALE RD STE 10

Borrower City

KENNETT SQUARE

Borrower State

PA

Borrower Zip

19348-2699

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60369.00

Current Approval Amount

60369.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KENNETT SQUARE

Project County Name

CHESTER

Project State

PA

Project Zip

19348-2699

CD

PA-06

Jobs Reported

11

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60369.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

61171.16

Forgiveness Date

09/02/2021

;