PPP Loan information for Powerplay sports shop inc

$114,407

Powerplay sports shop inc was initially approved for PPP Loan of amount $114,407, the current approved amount is $114,407. The loan was approved on 01/28/2021 by The Bank of America, National Association reported 10 jobs and $114,407 was used to fund payroll.

Powerplay sports shop inc is Existing or more than 2 years old

POWERPLAY SPORTS SHOP INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

POWERPLAY SPORTS SHOP INC

Borrower Address

24112 John R Rd

Borrower City

Hazel Park

Borrower State

MI

Borrower Zip

48030-1108

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114407.00

Current Approval Amount

114407.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hazel Park

Project County Name

OAKLAND

Project State

MI

Project Zip

48030-1108

CD

MI-11

Jobs Reported

10

NAICS Code

448190

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114405.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115149.86

Forgiveness Date

09/23/2021

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