PPP Loan information for Powercore energy group

$120,000

Powercore energy group was initially approved for PPP Loan of amount $120,000, the current approved amount is $120,000. The loan was approved on 05/06/2020 by The Regions Bank reported 12 jobs and $120,000 was used to fund payroll.

Powercore energy group is New Business or 2 years or less

POWERCORE ENERGY GROUP

Date Approved

05/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

POWERCORE ENERGY GROUP

Borrower Address

105 Parkway st

Borrower City

minden

Borrower State

LA

Borrower Zip

71055

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120000.00

Current Approval Amount

120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

minden

Project County Name

WEBSTER

Project State

LA

Project Zip

71055-0001

CD

LA-04

Jobs Reported

12

NAICS Code

221118

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120976.44

Forgiveness Date

03/05/2021

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