PPP Loan information for Powercon corporation

$5,088,800

Powercon corporation was initially approved for PPP Loan of amount $5,088,800, the current approved amount is $5,088,800. The loan was approved on 04/05/2020 by The First National Bank of Pennsylvania reported 402 jobs and $5,088,800 was used to fund payroll.

Powercon corporation is Existing or more than 2 years old

PPP Loan Search / MD / SEVERN / Powercon corporation

POWERCON CORPORATION

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

POWERCON CORPORATION

Borrower Address

1551 Florida Ave

Borrower City

SEVERN

Borrower State

MD

Borrower Zip

21144-2603

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5088800.00

Current Approval Amount

5088800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEVERN

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21144-2603

CD

MD-03

Jobs Reported

402

NAICS Code

335313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5088800.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5157216.09

Forgiveness Date

08/19/2021

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