PPP Loan information for Power distributing, llc

$2,459,400

Power distributing, llc was initially approved for PPP Loan of amount $2,459,400, the current approved amount is $2,459,400. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 176 jobs and $2,459,400 was used to fund payroll.

Power distributing, llc is Existing or more than 2 years old

PPP Loan Search / IL / Elmhurst / Power distributing, llc

POWER DISTRIBUTING, LLC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

POWER DISTRIBUTING, LLC

Borrower Address

185 W. Industrial Drive 0.0

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-1015

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2459400.00

Current Approval Amount

2459400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-1015

CD

IL-06

Jobs Reported

176

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

2000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

110000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

312400.00

Debt Interest Proceed

12000

Business Type

Limited Liability Company(LLC)

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

2487920.84

Forgiveness Date

06/11/2021

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