PPP Loan information for Power motorsinc

$69,359

Power motorsinc was initially approved for PPP Loan of amount $69,359, the current approved amount is $69,359. The loan was approved on 02/04/2021 by The FVCbank reported 10 jobs and $69,359 was used to fund payroll.

Power motorsinc is Existing or more than 2 years old

POWER MOTORSINC

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

POWER MOTORSINC

Borrower Address

45922 Old Ox Rd

Borrower City

Sterling

Borrower State

VA

Borrower Zip

20166-9380

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69358.89

Current Approval Amount

69358.89

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452208

Servicing Lender Name

FVCbank

Servicing Lender Address

11325 Random Hills Rd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-6051

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling

Project County Name

LOUDOUN

Project State

VA

Project Zip

20166-9380

CD

VA-10

Jobs Reported

10

NAICS Code

811118

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

69355.89

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

452208

Originating Lender

FVCbank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69892.86

Forgiveness Date

11/22/2021

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