PPP Loan information for Power engineering and manufacturing ltd

$829,479

Power engineering and manufacturing ltd was initially approved for PPP Loan of amount $829,479, the current approved amount is $829,479. The loan was approved on 02/12/2021 by The Lincoln Savings Bank reported 59 jobs and $829,479 was used to fund payroll.

Power engineering and manufacturing ltd is Existing or more than 2 years old

PPP Loan Search / IA / Waterloo / Power engineering and manufacturing ltd

POWER ENGINEERING AND MANUFACTURING LTD

Date Approved

02/12/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

POWER ENGINEERING AND MANUFACTURING LTD

Borrower Address

2635 Wcf and N Dr Waterloo

Borrower City

Waterloo

Borrower State

IA

Borrower Zip

50703-9685

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

829478.50

Current Approval Amount

829478.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waterloo

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50703-9685

CD

IA-02

Jobs Reported

59

NAICS Code

333612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

829477.50

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

834091.76

Forgiveness Date

09/09/2021

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