PPP Loan information for Evolution power tools, llc

$328,382

Evolution power tools, llc was initially approved for PPP Loan of amount $328,382, the current approved amount is $328,382. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 20 jobs and $328,382 was used to fund payroll.

Evolution power tools, llc is Existing or more than 2 years old

PPP Loan Search / IA / DAVENPORT / Evolution power tools, llc

EVOLUTION POWER TOOLS, LLC

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

EVOLUTION POWER TOOLS, LLC

Borrower Address

8363 Research Drive

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52806

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328382.00

Current Approval Amount

328382.00

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

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52806-0002

CD

IA-01

Jobs Reported

20

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328382.00

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

Partnership

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330142.49

Forgiveness Date

11/03/2020

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