PPP Loan information for Powerhouse appliances, inc.

$77,500

Powerhouse appliances, inc. was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 04/04/2020 by The Salisbury Bank & Trust Company reported 8 jobs and $77,500 was used to fund payroll.

Powerhouse appliances, inc. is Existing or more than 2 years old

POWERHOUSE APPLIANCES, INC.

Date Approved

04/04/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

POWERHOUSE APPLIANCES, INC.

Borrower Address

45 DANBURY RD

Borrower City

NEW MILFORD

Borrower State

CT

Borrower Zip

06776-3401

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16194

Servicing Lender Name

Salisbury Bank & Trust Company

Servicing Lender Address

5 Bissell St

Servicing Lender City

LAKEVILLE

Servicing Lender State

CT

Servicing Lender Zip

06039

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW MILFORD

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06776-3401

CD

CT-05

Jobs Reported

8

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77500.00

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

16194

Originating Lender

Salisbury Bank & Trust Company

Originating Lender City

LAKEVILLE

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78037.19

Forgiveness Date

12/23/2020

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