PPP Loan information for Power solutions inc.

$223,607

Power solutions inc. was initially approved for PPP Loan of amount $223,607, the current approved amount is $223,607. The loan was approved on 01/19/2021 by The The First National Bank of Hutchinson reported 14 jobs and $223,607 was used to fund payroll.

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

PPP Loan Search / KS / Hutchinson / Power solutions inc.

POWER SOLUTIONS INC.

Date Approved

01/19/2021

SBA Office Code

0767

Processing Method

PPS

Borrower Name

POWER SOLUTIONS INC.

Borrower Address

719 W 4th Ave

Borrower City

Hutchinson

Borrower State

KS

Borrower Zip

67501-5028

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

223607.00

Current Approval Amount

223607.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26005

Servicing Lender Name

The First National Bank of Hutchinson

Servicing Lender Address

1 N Main St

Servicing Lender City

HUTCHINSON

Servicing Lender State

KS

Servicing Lender Zip

67501-5229

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

RENO

Project State

KS

Project Zip

67501-5028

CD

KS-01

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

223601.00

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

26005

Originating Lender

The First National Bank of Hutchinson

Originating Lender City

HUTCHINSON

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224638.08

Forgiveness Date

07/07/2021

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