PPP Loan information for Powell river industries inc.

$57,025

Powell river industries inc. was initially approved for PPP Loan of amount $57,025, the current approved amount is $57,025. The loan was approved on 02/12/2021 by The The First Bank and Trust Company reported 32 jobs and $57,025 was used to fund payroll.

Powell river industries inc. is Existing or more than 2 years old

PPP Loan Search / VA / Appalachia / Powell river industries inc.

POWELL RIVER INDUSTRIES INC.

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

POWELL RIVER INDUSTRIES INC.

Borrower Address

27 Callahan Ave

Borrower City

Appalachia

Borrower State

VA

Borrower Zip

24216-1200

Loan Status Date

09/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57025.00

Current Approval Amount

57025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Appalachia

Project County Name

WISE

Project State

VA

Project Zip

24216-1200

CD

VA-09

Jobs Reported

32

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

57020.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57878.79

Forgiveness Date

08/17/2022

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