PPP Loan information for Power engineering company, inc

$109,700

Power engineering company, inc was initially approved for PPP Loan of amount $109,700, the current approved amount is $109,700. The loan was approved on 04/04/2020 by The First Palmetto Bank reported 10 jobs and $109,700 was used to fund payroll.

Power engineering company, inc is Existing or more than 2 years old

POWER ENGINEERING COMPANY, INC

Date Approved

04/04/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

POWER ENGINEERING COMPANY, INC

Borrower Address

3229 Sunset Boulevard Suite A

Borrower City

WEST COLUMBIA

Borrower State

SC

Borrower Zip

29169-3202

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109700.00

Current Approval Amount

109700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST COLUMBIA

Project County Name

LEXINGTON

Project State

SC

Project Zip

29169-3202

CD

SC-02

Jobs Reported

10

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2700.00

Payroll Proceed

90000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8400.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

110513.61

Forgiveness Date

01/08/2021

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