PPP Loan information for Powerhouse studios inc

$67,652

Powerhouse studios inc was initially approved for PPP Loan of amount $67,652, the current approved amount is $67,652. The loan was approved on 04/27/2020 by The Valley National Bank reported 17 jobs and $67,652 was used to fund payroll.

Powerhouse studios inc is Existing or more than 2 years old

POWERHOUSE STUDIOS INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWERHOUSE STUDIOS INC

Borrower Address

7 Littell Road

Borrower City

East Hanover

Borrower State

NJ

Borrower Zip

07936

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67652.00

Current Approval Amount

67652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Hanover

Project County Name

MORRIS

Project State

NJ

Project Zip

07936-0001

CD

NJ-11

Jobs Reported

17

NAICS Code

512240

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67652.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68290.94

Forgiveness Date

04/08/2021

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