PPP Loan information for Powell's books inc

$2,000,000

Powell's books inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/30/2021 by The Bank of America, National Association reported 232 jobs and $2,000,000 was used to fund payroll.

Powell's books inc is Existing or more than 2 years old

PPP Loan Search / OR / Portland / Powell's books inc

POWELL'S BOOKS INC

Date Approved

01/30/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

POWELL'S BOOKS INC

Borrower Address

7 NW 9th Ave

Borrower City

Portland

Borrower State

OR

Borrower Zip

97209-3301

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97209-3301

CD

OR-01

Jobs Reported

232

NAICS Code

451211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2023945.21

Forgiveness Date

04/15/2022

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