PPP Loan information for Powerpath microproducts, inc

$55,811

Powerpath microproducts, inc was initially approved for PPP Loan of amount $55,811, the current approved amount is $55,811. The loan was approved on 05/02/2020 by The Waterman Bank reported 3 jobs and $55,811 was used to fund payroll.

Powerpath microproducts, inc is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Powerpath microproducts, inc

POWERPATH MICROPRODUCTS, INC

Date Approved

05/02/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

POWERPATH MICROPRODUCTS, INC

Borrower Address

2400 E DEVON AVE, SUITE 286

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60018-4618

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55811.00

Current Approval Amount

55811.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22805

Servicing Lender Name

Waterman Bank

Servicing Lender Address

248 W Lincoln Hwy

Servicing Lender City

WATERMAN

Servicing Lender State

IL

Servicing Lender Zip

60556

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60018-4618

CD

IL-08

Jobs Reported

3

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55811.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22805

Originating Lender

Waterman Bank

Originating Lender City

WATERMAN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55941.58

Forgiveness Date

10/08/2020

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