PPP Loan information for Power products inc.

$96,092

Power products inc. was initially approved for PPP Loan of amount $96,092, the current approved amount is $96,092. The loan was approved on 04/07/2020 by The Kentucky Farmers Bank Corporation reported 10 jobs and $96,092 was used to fund payroll.

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

POWER PRODUCTS INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

POWER PRODUCTS INC.

Borrower Address

3225 Greenup Avenue

Borrower City

ASHLAND

Borrower State

KY

Borrower Zip

41101-2038

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96092.24

Current Approval Amount

96092.24

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26869

Servicing Lender Name

Kentucky Farmers Bank Corporation

Servicing Lender Address

2500 Broadway St

Servicing Lender City

CATLETTSBURG

Servicing Lender State

KY

Servicing Lender Zip

41129

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

BOYD

Project State

KY

Project Zip

41101-2038

CD

KY-05

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96092.24

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

26869

Originating Lender

Kentucky Farmers Bank Corporation

Originating Lender City

CATLETTSBURG

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96684.59

Forgiveness Date

11/27/2020

;