PPP Loan information for 4th power inc

$60,006

4th power inc was initially approved for PPP Loan of amount $60,006, the current approved amount is $60,006. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 11 jobs and $60,006 was used to fund payroll.

4th power inc is Existing or more than 2 years old

4TH POWER INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

4TH POWER INC

Borrower Address

7630 160TH ST W

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60006.00

Current Approval Amount

60006.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-0001

CD

MN-02

Jobs Reported

11

NAICS Code

561990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60006.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60732.74

Forgiveness Date

07/15/2021

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