PPP Loan information for Powells electric service inc.

$139,200

Powells electric service inc. was initially approved for PPP Loan of amount $139,200, the current approved amount is $139,200. The loan was approved on 05/06/2020 by The Citizens Bank, National Association reported 12 jobs and $139,200 was used to fund payroll.

Powells electric service inc. is Existing or more than 2 years old

POWELLS ELECTRIC SERVICE INC.

Date Approved

05/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

POWELLS ELECTRIC SERVICE INC.

Borrower Address

304 BONAIR AVENUE

Borrower City

HATBORO

Borrower State

PA

Borrower Zip

19040

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139200.00

Current Approval Amount

139200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HATBORO

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19040-0001

CD

PA-01

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139200.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140572.93

Forgiveness Date

05/17/2021

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