PPP Loan information for Power line industries inc. dba hot jet usa

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

POWER LINE INDUSTRIES INC. DBA HOT JET USA

Borrower Address

14773 S HERITAGECREST WAY

Borrower City

RIVERTON

Borrower State

UT

Borrower Zip

84065

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190875.00

Current Approval Amount

190875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIVERTON

Project County Name

SALT LAKE

Project State

UT

Project Zip

84065-0001

CD

UT-04

Jobs Reported

21

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8122.00

Payroll Proceed

152700.00

Mortgage Interest Proceed

0.00

Rent Proceed

26861.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3192.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193093.71

Forgiveness Date

07/06/2021