PPP Loan information for Power & lighting systems, inc.

$598,000

Power & lighting systems, inc. was initially approved for PPP Loan of amount $598,000, the current approved amount is $598,000. The loan was approved on 04/07/2020 by The Paradise Bank reported 43 jobs and $598,000 was used to fund payroll.

Power & lighting systems, inc. is Existing or more than 2 years old

POWER & LIGHTING SYSTEMS, INC.

Date Approved

04/07/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

POWER & LIGHTING SYSTEMS, INC.

Borrower Address

3832 SHIPPING AVE

Borrower City

MIAMI

Borrower State

FL

Borrower Zip

33146-1517

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

598000.00

Current Approval Amount

598000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434144

Servicing Lender Name

Paradise Bank

Servicing Lender Address

2420 N Federal Hwy

Servicing Lender City

BOCA RATON

Servicing Lender State

FL

Servicing Lender Zip

33431-7714

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33146-1517

CD

FL-27

Jobs Reported

43

NAICS Code

335122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11000.00

Payroll Proceed

548000.00

Mortgage Interest Proceed

0.00

Rent Proceed

39000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434144

Originating Lender

Paradise Bank

Originating Lender City

BOCA RATON

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

602534.83

Forgiveness Date

01/08/2021

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