PPP Loan information for Power & panel concepts, inc.

$369,000

Power & panel concepts, inc. was initially approved for PPP Loan of amount $369,000, the current approved amount is $369,000. The loan was approved on 04/07/2020 by The The Farmers National Bank of Danville reported 32 jobs and $369,000 was used to fund payroll.

Power & panel concepts, inc. is Existing or more than 2 years old

PPP Loan Search / KY / GRAVEL SWITCH / Power & panel concepts, inc.

POWER & PANEL CONCEPTS, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

POWER & PANEL CONCEPTS, INC.

Borrower Address

1270 Highway 243 PO Box 119

Borrower City

GRAVEL SWITCH

Borrower State

KY

Borrower Zip

40328-0119

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

369000.00

Current Approval Amount

369000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26960

Servicing Lender Name

The Farmers National Bank of Danville

Servicing Lender Address

304 W Main St

Servicing Lender City

DANVILLE

Servicing Lender State

KY

Servicing Lender Zip

40422-1814

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAVEL SWITCH

Project County Name

MARION

Project State

KY

Project Zip

40328-0119

CD

KY-01

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

369000.00

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

26960

Originating Lender

The Farmers National Bank of Danville

Originating Lender City

DANVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

374627.25

Forgiveness Date

10/15/2021

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