PPP Loan information for Powells service inc

$63,100

Powells service inc was initially approved for PPP Loan of amount $63,100, the current approved amount is $63,100. The loan was approved on 01/17/2021 by The Commercial Bank reported 6 jobs and $63,100 was used to fund payroll.

Powells service inc is Existing or more than 2 years old

POWELLS SERVICE INC

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

POWELLS SERVICE INC

Borrower Address

760 E Monroe Rd

Borrower City

Saint Louis

Borrower State

MI

Borrower Zip

48880-9214

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63100.00

Current Approval Amount

63100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Louis

Project County Name

GRATIOT

Project State

MI

Project Zip

48880-9214

CD

MI-04

Jobs Reported

6

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

63094.00

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63731.00

Forgiveness Date

01/28/2022

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