PPP Loan information for Power dynamics inc

$130,990

Power dynamics inc was initially approved for PPP Loan of amount $130,990, the current approved amount is $130,990. The loan was approved on 01/23/2021 by The PNC Bank, National Association reported 8 jobs and $130,990 was used to fund payroll.

Power dynamics inc is Existing or more than 2 years old

POWER DYNAMICS INC

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

POWER DYNAMICS INC

Borrower Address

145 Algonquin Pkwy

Borrower City

Whippany

Borrower State

NJ

Borrower Zip

07981-1645

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130990.00

Current Approval Amount

130990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Whippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07981-1645

CD

NJ-11

Jobs Reported

8

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

130988.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131965.15

Forgiveness Date

10/25/2021

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