PPP Loan information for Power innovations inc.

$243,900

Power innovations inc. was initially approved for PPP Loan of amount $243,900, the current approved amount is $243,900. The loan was approved on 04/29/2020 by The FinWise Bank reported 27 jobs and $243,900 was used to fund payroll.

Power innovations inc. is Existing or more than 2 years old

POWER INNOVATIONS INC.

Date Approved

04/29/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

POWER INNOVATIONS INC.

Borrower Address

2725 Walnut Street

Borrower City

MCKEESPORT

Borrower State

PA

Borrower Zip

15132

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243900.00

Current Approval Amount

243900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188904

Servicing Lender Name

FinWise Bank

Servicing Lender Address

756 E Winchester St. Ste. 100

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCKEESPORT

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15132-1002

CD

PA-12

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26000.00

Payroll Proceed

195192.00

Mortgage Interest Proceed

9665.00

Rent Proceed

13043.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

188904

Originating Lender

FinWise Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245430.22

Forgiveness Date

12/22/2020

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