PPP Loan information for Power properties and management inc.

$114,700

Power properties and management inc. was initially approved for PPP Loan of amount $114,700, the current approved amount is $114,700. The loan was approved on 04/28/2020 by The Community Bank of Mississippi reported 10 jobs and $114,700 was used to fund payroll.

Power properties and management inc. is New Business or 2 years or less

PPP Loan Search / MS / PELAHATCHIE / Power properties and management inc.

POWER PROPERTIES AND MANAGEMENT INC.

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

POWER PROPERTIES AND MANAGEMENT INC.

Borrower Address

4307 HIGHWAY 80

Borrower City

PELAHATCHIE

Borrower State

MS

Borrower Zip

39145-2918

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114700.00

Current Approval Amount

114700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PELAHATCHIE

Project County Name

RANKIN

Project State

MS

Project Zip

39145-2918

CD

MS-03

Jobs Reported

10

NAICS Code

531312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15200.00

Payroll Proceed

88100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11400.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115620.74

Forgiveness Date

02/19/2021

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