PPP Loan information for Power modules inc

$52,500

Power modules inc was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 03/27/2021 by The PNC Bank, National Association reported 6 jobs and $52,500 was used to fund payroll.

Power modules inc is Existing or more than 2 years old

POWER MODULES INC

Date Approved

03/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

POWER MODULES INC

Borrower Address

4 Raymond Dr Ste C 4 Raymond Dr Ste C

Borrower City

Havertown

Borrower State

PA

Borrower Zip

19083-3188

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Havertown

Project County Name

DELAWARE

Project State

PA

Project Zip

19083-3188

CD

PA-05

Jobs Reported

6

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52500.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52992.92

Forgiveness Date

03/11/2022

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