PPP Loan information for Power only inc

$70,000

Power only inc was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 2 jobs and $70,000 was used to fund payroll.

Power only inc is Existing or more than 2 years old

POWER ONLY INC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWER ONLY INC

Borrower Address

792 JUNIPER RD

Borrower City

VALPARAISO

Borrower State

IN

Borrower Zip

46385

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALPARAISO

Project County Name

PORTER

Project State

IN

Project Zip

46385-0001

CD

IN-01

Jobs Reported

2

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70000.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70726.85

Forgiveness Date

05/21/2021

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