PPP Loan information for Power techniques, inc

$161,400

Power techniques, inc was initially approved for PPP Loan of amount $161,400, the current approved amount is $161,400. The loan was approved on 04/28/2020 by The Comerica Bank reported 8 jobs and $161,400 was used to fund payroll.

Power techniques, inc is Existing or more than 2 years old

PPP Loan Search / MI / Berkley / Power techniques, inc

POWER TECHNIQUES, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POWER TECHNIQUES, INC

Borrower Address

3210 Coolidge Hwy

Borrower City

Berkley

Borrower State

MI

Borrower Zip

48072-1634

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161400.00

Current Approval Amount

161400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berkley

Project County Name

OAKLAND

Project State

MI

Project Zip

48072-1634

CD

MI-11

Jobs Reported

8

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129120.00

Mortgage Interest Proceed

32280.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163022.97

Forgiveness Date

04/27/2021

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