PPP Loan information for Power asset recovery corp

$123,500

Power asset recovery corp was initially approved for PPP Loan of amount $123,555, the current approved amount is $123,500. The loan was approved on 04/28/2020 by The First Commonwealth Bank reported 6 jobs and $123,500 was used to fund payroll.

Power asset recovery corp is Existing or more than 2 years old

PPP Loan Search / OH / CANTON / Power asset recovery corp

POWER ASSET RECOVERY CORP

Date Approved

04/28/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

POWER ASSET RECOVERY CORP

Borrower Address

3721 whipple ave nw

Borrower City

CANTON

Borrower State

OH

Borrower Zip

44718-2933

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123555.00

Current Approval Amount

123500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

STARK

Project State

OH

Project Zip

44718-2933

CD

OH-13

Jobs Reported

6

NAICS Code

335311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123500.00

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124325.59

Forgiveness Date

01/07/2021

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