PPP Loan information for Power hobby & sports inc

$115,554

Power hobby & sports inc was initially approved for PPP Loan of amount $115,554, the current approved amount is $115,554. The loan was approved on 04/29/2020 by The Wells Fargo Bank, National Association reported 10 jobs and $115,554 was used to fund payroll.

Power hobby & sports inc is Existing or more than 2 years old

POWER HOBBY & SPORTS INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWER HOBBY & SPORTS INC

Borrower Address

18 INDUSTRIAL AVE

Borrower City

MAHWAH

Borrower State

NJ

Borrower Zip

07430

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115554.00

Current Approval Amount

115554.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAHWAH

Project County Name

BERGEN

Project State

NJ

Project Zip

07430-0001

CD

NJ-05

Jobs Reported

10

NAICS Code

451120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115554.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116662.05

Forgiveness Date

04/20/2021

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