PPP Loan information for Powercon llc

$399,127

Powercon llc was initially approved for PPP Loan of amount $399,127, the current approved amount is $399,127. The loan was approved on 03/26/2021 by The Magnolia State Bank reported 33 jobs and $399,127 was used to fund payroll.

Powercon llc is Existing or more than 2 years old

POWERCON LLC

Date Approved

03/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

POWERCON LLC

Borrower Address

168 Industrial Blvd

Borrower City

Eastman

Borrower State

GA

Borrower Zip

31023-7112

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

399127.00

Current Approval Amount

399127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19419

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

130 Oak St

Servicing Lender City

EASTMAN

Servicing Lender State

GA

Servicing Lender Zip

31023-6126

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eastman

Project County Name

DODGE

Project State

GA

Project Zip

31023-7112

CD

GA-08

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

399121.00

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

19419

Originating Lender

Magnolia State Bank

Originating Lender City

EASTMAN

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188.48

Forgiveness Date

10/08/2021

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