PPP Loan information for Power acceleration, inc.

$32,300

Power acceleration, inc. was initially approved for PPP Loan of amount $32,300, the current approved amount is $32,300. The loan was approved on 05/11/2020 by The United Bank reported 2 jobs and $32,300 was used to fund payroll.

Power acceleration, inc. is Existing or more than 2 years old

POWER ACCELERATION, INC.

Date Approved

05/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWER ACCELERATION, INC.

Borrower Address

3432 N VALLEY PIKE

Borrower City

ROCKINGHAM

Borrower State

VA

Borrower Zip

22802-1109

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32300.00

Current Approval Amount

32300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22802-1109

CD

VA-06

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32300.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32547.63

Forgiveness Date

02/19/2021

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