PPP Loan information for Powell's tires & axles inc;

$587,019

Powell's tires & axles inc; was initially approved for PPP Loan of amount $587,019, the current approved amount is $587,019. The loan was approved on 04/14/2020 by The Synovus Bank reported 60 jobs and $587,019 was used to fund payroll.

Powell's tires & axles inc; is Existing or more than 2 years old

PPP Loan Search / SC / LORIS / Powell's tires & axles inc;

POWELL'S TIRES & AXLES INC;

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

POWELL'S TIRES & AXLES INC;

Borrower Address

635 HIGHWAY 9 BYP W

Borrower City

LORIS

Borrower State

SC

Borrower Zip

29569-8235

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587019.12

Current Approval Amount

587019.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LORIS

Project County Name

HORRY

Project State

SC

Project Zip

29569-8235

CD

SC-07

Jobs Reported

60

NAICS Code

423130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

587019.12

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592262.09

Forgiveness Date

03/10/2021

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