PPP Loan information for Power tune incorporated

$39,200

Power tune incorporated was initially approved for PPP Loan of amount $39,200, the current approved amount is $39,200. The loan was approved on 02/06/2021 by The Needham Bank reported 3 jobs and $39,200 was used to fund payroll.

Power tune incorporated is Existing or more than 2 years old

POWER TUNE INCORPORATED

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

POWER TUNE INCORPORATED

Borrower Address

15 Alden St

Borrower City

Ashland

Borrower State

MA

Borrower Zip

01721-1701

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39200.00

Current Approval Amount

39200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01721-1701

CD

MA-02

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39196.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39407.98

Forgiveness Date

08/24/2021

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