PPP Loan information for Power concepts, inc.

$205,500

Power concepts, inc. was initially approved for PPP Loan of amount $205,500, the current approved amount is $205,500. The loan was approved on 04/06/2020 by The United Bank reported 21 jobs and $205,500 was used to fund payroll.

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

POWER CONCEPTS, INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWER CONCEPTS, INC.

Borrower Address

290 AIRPORT RD Suite 6

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22602-4569

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205500.00

Current Approval Amount

205500.00

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

WINCHESTER

Project County Name

FREDERICK

Project State

VA

Project Zip

22602-4569

CD

VA-06

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205500.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

207235.33

Forgiveness Date

02/19/2021

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