PPP Loan information for Power installations, inc

$225,500

Power installations, inc was initially approved for PPP Loan of amount $225,500, the current approved amount is $225,500. The loan was approved on 04/06/2020 by The Village Bank reported 29 jobs and $225,500 was used to fund payroll.

Power installations, inc is Existing or more than 2 years old

POWER INSTALLATIONS, INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWER INSTALLATIONS, INC

Borrower Address

2100 Magnolia Street

Borrower City

RICHMOND

Borrower State

VA

Borrower Zip

23223-2310

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225500.00

Current Approval Amount

225500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23223-2310

CD

VA-04

Jobs Reported

29

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

225500.00

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

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

228331.28

Forgiveness Date

07/13/2021

;