PPP Loan information for Power group specialists inc

$393,962

Power group specialists inc was initially approved for PPP Loan of amount $393,962, the current approved amount is $393,962. The loan was approved on 04/28/2020 by The Manufacturers and Traders Trust Company reported 209 jobs and $393,962 was used to fund payroll.

Power group specialists inc is New Business or 2 years or less

PPP Loan Search / MA / METHUEN / Power group specialists inc

POWER GROUP SPECIALISTS INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

POWER GROUP SPECIALISTS INC

Borrower Address

266 BROADWAY

Borrower City

METHUEN

Borrower State

MA

Borrower Zip

01844

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393962.00

Current Approval Amount

393962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

METHUEN

Project County Name

ESSEX

Project State

MA

Project Zip

01844-0001

CD

MA-03

Jobs Reported

209

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

393962.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397210.84

Forgiveness Date

03/02/2021

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