PPP Loan information for Power place inc and power rent

$482,100

Power place inc and power rent was initially approved for PPP Loan of amount $482,100, the current approved amount is $482,100. The loan was approved on 04/13/2020 by The First Bank reported 38 jobs and $482,100 was used to fund payroll.

Power place inc and power rent is Existing or more than 2 years old

PPP Loan Search / NJ / LONG VALLEY / Power place inc and power rent

POWER PLACE INC AND POWER RENT

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWER PLACE INC AND POWER RENT

Borrower Address

486 DRAKESTOWN RD

Borrower City

LONG VALLEY

Borrower State

NJ

Borrower Zip

07853-3372

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

482100.00

Current Approval Amount

482100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448323

Servicing Lender Name

First Bank

Servicing Lender Address

2465 Kuser Rd, Ste 101

Servicing Lender City

HAMILTON

Servicing Lender State

NJ

Servicing Lender Zip

08690-3310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG VALLEY

Project County Name

MORRIS

Project State

NJ

Project Zip

07853-3372

CD

NJ-07

Jobs Reported

38

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

482100.00

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

448323

Originating Lender

First Bank

Originating Lender City

HAMILTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

484768.06

Forgiveness Date

11/12/2020

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