PPP Loan information for Power-up-electric, llc

$90,200

Power-up-electric, llc was initially approved for PPP Loan of amount $90,200, the current approved amount is $90,200. The loan was approved on 04/16/2020 by The The Farmers & Merchants State Bank reported 9 jobs and $90,200 was used to fund payroll.

Power-up-electric, llc is Existing or more than 2 years old

POWER-UP-ELECTRIC, LLC

Date Approved

04/16/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWER-UP-ELECTRIC, LLC

Borrower Address

1640 W 1200 N

Borrower City

OSSIAN

Borrower State

IN

Borrower Zip

46777-9746

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90200.00

Current Approval Amount

90200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSSIAN

Project County Name

WELLS

Project State

IN

Project Zip

46777-9746

CD

IN-03

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

900.00

Payroll Proceed

88830.00

Mortgage Interest Proceed

470.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90868.98

Forgiveness Date

01/19/2021

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