PPP Loan information for Power products and services inc.

$78,875

Power products and services inc. was initially approved for PPP Loan of amount $78,875, the current approved amount is $78,875. The loan was approved on 01/29/2021 by The Coulee Bank reported 6 jobs and $78,875 was used to fund payroll.

Power products and services inc. is Existing or more than 2 years old

PPP Loan Search / MN / Chanhassen / Power products and services inc.

POWER PRODUCTS AND SERVICES INC.

Date Approved

01/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

POWER PRODUCTS AND SERVICES INC.

Borrower Address

1650 Lake Dr W

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317-8583

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78875.00

Current Approval Amount

78875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76066

Servicing Lender Name

Coulee Bank

Servicing Lender Address

1516 Losey Blvd South

Servicing Lender City

LA CROSSE

Servicing Lender State

WI

Servicing Lender Zip

54601-6103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chanhassen

Project County Name

CARVER

Project State

MN

Project Zip

55317-8583

CD

MN-06

Jobs Reported

6

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

78873.00

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

76066

Originating Lender

Coulee Bank

Originating Lender City

LA CROSSE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79209.95

Forgiveness Date

07/12/2021

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