PPP Loan information for Powerco inc.

$614,300

Powerco inc. was initially approved for PPP Loan of amount $614,300, the current approved amount is $614,300. The loan was approved on 04/09/2020 by The ESSA Bank & Trust reported 47 jobs and $614,300 was used to fund payroll.

Powerco inc. is Existing or more than 2 years old

PPP Loan Search / NJ / CLINTON / Powerco inc.

POWERCO INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWERCO INC.

Borrower Address

12 STATE ROUTE 173

Borrower City

CLINTON

Borrower State

NJ

Borrower Zip

08809-1269

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

614300.00

Current Approval Amount

614300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78923

Servicing Lender Name

ESSA Bank & Trust

Servicing Lender Address

200 Palmer St

Servicing Lender City

STROUDSBURG

Servicing Lender State

PA

Servicing Lender Zip

18360-1645

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08809-1269

CD

NJ-07

Jobs Reported

47

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17350.00

Payroll Proceed

453830.00

Mortgage Interest Proceed

0.00

Rent Proceed

70700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

72420.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

78923

Originating Lender

ESSA Bank & Trust

Originating Lender City

STROUDSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

619487.42

Forgiveness Date

02/17/2021

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