PPP Loan information for Powell's service inc

$63,100

Powell's service inc was initially approved for PPP Loan of amount $63,100, the current approved amount is $63,100. The loan was approved on 04/07/2020 by The Commercial Bank reported 7 jobs and $63,100 was used to fund payroll.

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

POWELL'S SERVICE INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POWELL'S SERVICE INC

Borrower Address

760 E MONROE RD

Borrower City

SAINT LOUIS

Borrower State

MI

Borrower Zip

48880-9201

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

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

48880-9201

CD

MI-04

Jobs Reported

7

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1549.00

Payroll Proceed

50677.00

Mortgage Interest Proceed

3137.00

Rent Proceed

4600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3137

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

63665.31

Forgiveness Date

03/09/2021

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