PPP Loan information for Powder technology inc

$308,900

Powder technology inc was initially approved for PPP Loan of amount $308,900, the current approved amount is $308,900. The loan was approved on 04/04/2020 by The AbbyBank reported 29 jobs and $308,900 was used to fund payroll.

Powder technology inc is Existing or more than 2 years old

POWDER TECHNOLOGY INC

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

POWDER TECHNOLOGY INC

Borrower Address

551 Alderson st

Borrower City

SCHOFIELD

Borrower State

WI

Borrower Zip

54476-1472

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308900.00

Current Approval Amount

308900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75540

Servicing Lender Name

AbbyBank

Servicing Lender Address

401 E Spruce St

Servicing Lender City

ABBOTSFORD

Servicing Lender State

WI

Servicing Lender Zip

54405

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHOFIELD

Project County Name

MARATHON

Project State

WI

Project Zip

54476-1472

CD

WI-07

Jobs Reported

29

NAICS Code

325510

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

308900.00

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

Subchapter S Corporation

Originating Lender Location Id

75540

Originating Lender

AbbyBank

Originating Lender City

ABBOTSFORD

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

310327.41

Forgiveness Date

11/10/2020

;