PPP Loan information for Power costs, inc.

$4,863,268

Power costs, inc. was initially approved for PPP Loan of amount $4,863,268, the current approved amount is $4,863,268. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 245 jobs and $4,863,268 was used to fund payroll.

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

POWER COSTS, INC.

Date Approved

04/15/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

POWER COSTS, INC.

Borrower Address

301 David L Boren Blvd Ste 2000

Borrower City

NORMAN

Borrower State

OK

Borrower Zip

73072

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4863268.00

Current Approval Amount

4863268.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORMAN

Project County Name

CLEVELAND

Project State

OK

Project Zip

73072-0001

CD

OK-04

Jobs Reported

245

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62127.00

Payroll Proceed

4389796.00

Mortgage Interest Proceed

0.00

Rent Proceed

168925.00

Refinance EIDL Proceed

0.00

Health Care Proceed

242420.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4920857.20

Forgiveness Date

06/28/2021

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