PPP Loan information for Power concrete co. inc.,

$1,509,135

Power concrete co. inc., was initially approved for PPP Loan of amount $1,509,135, the current approved amount is $1,509,135. The loan was approved on 04/29/2020 by The Loan Source Incorporated reported 55 jobs and $1,509,135 was used to fund payroll.

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

POWER CONCRETE CO. INC.,

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWER CONCRETE CO. INC.,

Borrower Address

497 Raymond Boulevard

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1509135.00

Current Approval Amount

1509135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-0001

CD

NJ-08

Jobs Reported

55

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1509135.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1524887.89

Forgiveness Date

05/21/2021

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