PPP Loan information for Powerfilm, inc.

$552,405

Powerfilm, inc. was initially approved for PPP Loan of amount $552,405, the current approved amount is $552,405. The loan was approved on 04/10/2020 by The First National Bank Ames, Iowa reported 35 jobs and $552,405 was used to fund payroll.

Powerfilm, inc. is Existing or more than 2 years old

POWERFILM, INC.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

POWERFILM, INC.

Borrower Address

1287 XE PL

Borrower City

AMES

Borrower State

IA

Borrower Zip

50014-6304

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

552404.72

Current Approval Amount

552404.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

BOONE

Project State

IA

Project Zip

50014-6304

CD

IA-04

Jobs Reported

35

NAICS Code

334413

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24000.00

Payroll Proceed

475823.72

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45081.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

555416.46

Forgiveness Date

11/03/2020

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