PPP Loan information for Power grid resources inc.

$200,000

Power grid resources inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/30/2020 by The Regions Bank reported 25 jobs and $200,000 was used to fund payroll.

Power grid resources inc. is Existing or more than 2 years old

POWER GRID RESOURCES INC.

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

POWER GRID RESOURCES INC.

Borrower Address

743 Pleasant Grove Ch Rd,

Borrower City

Villa Rica

Borrower State

GA

Borrower Zip

30180

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Villa Rica

Project County Name

CARROLL

Project State

GA

Project Zip

30180-0001

CD

GA-03

Jobs Reported

25

NAICS Code

221121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201101.37

Forgiveness Date

11/25/2020

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