Date Approved
02/25/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
POWER SOLUTIONS INC.
Borrower Address
105 E 1st St
Borrower City
Alta
Borrower State
IA
Borrower Zip
51002-1203
Loan Status Date
01/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
106100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24536
Servicing Lender Name
Community State Bank
Servicing Lender Address
1812 Hwy Blvd
Servicing Lender City
SPENCER
Servicing Lender State
Servicing Lender Zip
51301-2211
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BUENA VISTA
Project State
Project Zip
CD
IA-04
Jobs Reported
14
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
106098.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
106957.64
Forgiveness Date
12/15/2021