PPP Loan information for Powerquip, inc.

$208,920

Powerquip, inc. was initially approved for PPP Loan of amount $208,920, the current approved amount is $208,920. The loan was approved on 04/11/2020 by The Cadence Bank reported 17 jobs and $208,920 was used to fund payroll.

Powerquip, inc. is New Business or 2 years or less

PPP Loan Search / AL / ALBERTVILLE / Powerquip, inc.

POWERQUIP, INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

POWERQUIP, INC.

Borrower Address

9290 U S HIGHWAY 431

Borrower City

ALBERTVILLE

Borrower State

AL

Borrower Zip

35950

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208920.00

Current Approval Amount

208920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ALBERTVILLE

Project County Name

MARSHALL

Project State

AL

Project Zip

35950-0001

CD

AL-04

Jobs Reported

17

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

208920.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200003.01

Forgiveness Date

11/05/2020

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