PPP Loan information for Michael powers

$63,345

Michael powers was initially approved for PPP Loan of amount $63,345, the current approved amount is $63,345. The loan was approved on 01/25/2021 by The BankGloucester reported 5 jobs and $63,345 was used to fund payroll.

Michael powers is Existing or more than 2 years old

PPP Loan Search / MA / Gloucester / Michael powers

MICHAEL POWERS

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MICHAEL POWERS

Borrower Address

26 Dale Ave

Borrower City

Gloucester

Borrower State

MA

Borrower Zip

01930-5906

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63345.00

Current Approval Amount

63345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gloucester

Project County Name

ESSEX

Project State

MA

Project Zip

01930-5906

CD

MA-06

Jobs Reported

5

NAICS Code

621210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

63339.00

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63709.45

Forgiveness Date

08/27/2021

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