PPP Loan information for Power and motion industrial sales inc.

$41,666

Power and motion industrial sales inc. was initially approved for PPP Loan of amount $41,666, the current approved amount is $41,666. The loan was approved on 05/26/2020 by The U.S. Bank, National Association reported 2 jobs and $41,666 was used to fund payroll.

Power and motion industrial sales inc. is Existing or more than 2 years old

PPP Loan Search / GA / KENNESAW / Power and motion industrial sales inc.

POWER AND MOTION INDUSTRIAL SALES INC.

Date Approved

05/26/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

POWER AND MOTION INDUSTRIAL SALES INC.

Borrower Address

3440 BLUE RD NW

Borrower City

KENNESAW

Borrower State

GA

Borrower Zip

30144

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41666.00

Current Approval Amount

41666.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENNESAW

Project County Name

COBB

Project State

GA

Project Zip

30144-0001

CD

GA-11

Jobs Reported

2

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41666.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41891.69

Forgiveness Date

12/15/2020

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