PPP Loan information for Powell constructors, inc.

$1,295,700

Powell constructors, inc. was initially approved for PPP Loan of amount $1,295,700, the current approved amount is $1,295,700. The loan was approved on 04/07/2020 by The American Business Bank reported 112 jobs and $1,295,700 was used to fund payroll.

Powell constructors, inc. is Existing or more than 2 years old

PPP Loan Search / CA / FONTANA / Powell constructors, inc.

POWELL CONSTRUCTORS, INC.

Date Approved

04/07/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

POWELL CONSTRUCTORS, INC.

Borrower Address

8555 BANANA AVE

Borrower City

FONTANA

Borrower State

CA

Borrower Zip

92335-3019

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1295700.00

Current Approval Amount

1295700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FONTANA

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

92335-3019

CD

CA-35

Jobs Reported

112

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20700.00

Payroll Proceed

1000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

275000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1304077.68

Forgiveness Date

12/10/2020

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