PPP Loan information for Powerhouse electric, inc.

$243,162

Powerhouse electric, inc. was initially approved for PPP Loan of amount $243,162, the current approved amount is $243,162. The loan was approved on 04/06/2020 by The Armor Bank reported 16 jobs and $243,162 was used to fund payroll.

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

PPP Loan Search / AR / FORREST CITY / Powerhouse electric, inc.

POWERHOUSE ELECTRIC, INC.

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

POWERHOUSE ELECTRIC, INC.

Borrower Address

126 N WEST ST

Borrower City

FORREST CITY

Borrower State

AR

Borrower Zip

72335-3221

Loan Status Date

02/24/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243162.32

Current Approval Amount

243162.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121631

Servicing Lender Name

Armor Bank

Servicing Lender Address

715 N Washington

Servicing Lender City

FORREST CITY

Servicing Lender State

AR

Servicing Lender Zip

72335-2859

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORREST CITY

Project County Name

SAINT FRANCIS

Project State

AR

Project Zip

72335-3221

CD

AR-01

Jobs Reported

16

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

182371.75

Mortgage Interest Proceed

0.00

Rent Proceed

60790.57

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121631

Originating Lender

Armor Bank

Originating Lender City

FORREST CITY

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

244514.70

Forgiveness Date

11/03/2020

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