PPP Loan information for Powell power equipment, inc.

$37,755

Powell power equipment, inc. was initially approved for PPP Loan of amount $37,755, the current approved amount is $37,755. The loan was approved on 05/18/2020 by The First Horizon Bank reported 5 jobs and $37,755 was used to fund payroll.

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

PPP Loan Search / TN / POWELL / Powell power equipment, inc.

POWELL POWER EQUIPMENT, INC.

Date Approved

05/18/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

POWELL POWER EQUIPMENT, INC.

Borrower Address

7145 CLINTON HWY

Borrower City

POWELL

Borrower State

TN

Borrower Zip

37849

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37755.00

Current Approval Amount

37755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POWELL

Project County Name

KNOX

Project State

TN

Project Zip

37849-0001

CD

TN-02

Jobs Reported

5

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37755.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38181.84

Forgiveness Date

07/09/2021

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