PPP Loan information for Powerplay inc

$40,880

Powerplay inc was initially approved for PPP Loan of amount $40,880, the current approved amount is $40,880. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $40,880 was used to fund payroll.

Powerplay inc is New Business or 2 years or less

POWERPLAY INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

POWERPLAY INC

Borrower Address

5659 W 120TH ST

Borrower City

ALSIP

Borrower State

IL

Borrower Zip

60803-3449

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40880.00

Current Approval Amount

40880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALSIP

Project County Name

COOK

Project State

IL

Project Zip

60803-3449

CD

IL-06

Jobs Reported

1

NAICS Code

541890

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40880.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41229.75

Forgiveness Date

03/11/2021

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