PPP Loan information for Power solutions inc

$78,950

Power solutions inc was initially approved for PPP Loan of amount $78,950, the current approved amount is $78,950. The loan was approved on 04/14/2020 by The Synovus Bank reported 6 jobs and $78,950 was used to fund payroll.

Power solutions inc is Existing or more than 2 years old

POWER SOLUTIONS INC

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

POWER SOLUTIONS INC

Borrower Address

97 INDUSTRIAL PARK RD

Borrower City

ROEBUCK

Borrower State

SC

Borrower Zip

29376-2522

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78950.00

Current Approval Amount

78950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROEBUCK

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29376-2522

CD

SC-04

Jobs Reported

6

NAICS Code

561499

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78950.00

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

Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79687.59

Forgiveness Date

03/24/2021

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