PPP Loan information for Powell electric inc

$38,162

Powell electric inc was initially approved for PPP Loan of amount $38,162, the current approved amount is $38,162. The loan was approved on 04/10/2020 by The Manufacturers and Traders Trust Company reported 6 jobs and $38,162 was used to fund payroll.

Powell electric inc is Existing or more than 2 years old

POWELL ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

POWELL ELECTRIC INC

Borrower Address

1 Myra Ave

Borrower City

DOVER

Borrower State

NH

Borrower Zip

03820-4724

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38162.00

Current Approval Amount

38162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOVER

Project County Name

STRAFFORD

Project State

NH

Project Zip

03820-4724

CD

NH-01

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38162.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38535.26

Forgiveness Date

04/20/2021

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