PPP Loan information for Powerhouse arts inc.

$575,008

Powerhouse arts inc. was initially approved for PPP Loan of amount $575,008, the current approved amount is $575,008. The loan was approved on 05/12/2021 by The Spring Bank reported 30 jobs and $575,008 was used to fund payroll.

Powerhouse arts inc. is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Powerhouse arts inc.

POWERHOUSE ARTS INC.

Date Approved

05/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

POWERHOUSE ARTS INC.

Borrower Address

98 4th St Ste 406

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11231-5113

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

575007.95

Current Approval Amount

575007.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443431

Servicing Lender Name

Spring Bank

Servicing Lender Address

69 E 167th St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10452-8206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11231-5113

CD

NY-10

Jobs Reported

30

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

575005.95

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

Non-Profit Organization

Originating Lender Location Id

443431

Originating Lender

Spring Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

581419.68

Forgiveness Date

07/01/2022

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