PPP Loan information for Power generation and distribution

$41,665

Power generation and distribution was initially approved for PPP Loan of amount $41,665, the current approved amount is $41,665. The loan was approved on 03/20/2021 by The Wells Fargo Bank, National Association reported 3 jobs and $41,665 was used to fund payroll.

Power generation and distribution is Existing or more than 2 years old

POWER GENERATION AND DISTRIBUTION

Date Approved

03/20/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

POWER GENERATION AND DISTRIBUTION

Borrower Address

1292 John Belt Dr Ste 104

Borrower City

Douglasville

Borrower State

GA

Borrower Zip

30134-3803

Loan Status Date

11/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41665.00

Current Approval Amount

41665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Douglasville

Project County Name

DOUGLAS

Project State

GA

Project Zip

30134-3803

CD

GA-13

Jobs Reported

3

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41662.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42306.53

Forgiveness Date

10/06/2022

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