PPP Loan information for Power sales group, inc.

$297,700

Power sales group, inc. was initially approved for PPP Loan of amount $297,700, the current approved amount is $297,700. The loan was approved on 04/27/2020 by The Avidia Bank reported 17 jobs and $297,700 was used to fund payroll.

Power sales group, inc. is Existing or more than 2 years old

PPP Loan Search / MA / DANVERS / Power sales group, inc.

POWER SALES GROUP, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

POWER SALES GROUP, INC.

Borrower Address

175 ANDOVER STREET

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297700.00

Current Approval Amount

297700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-0001

CD

MA-06

Jobs Reported

17

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

297700.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

299205.04

Forgiveness Date

11/03/2020

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