PPP Loan information for Powerrail manufacturing inc

$150,000

Powerrail manufacturing inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/09/2020 by The FNCB Bank reported 26 jobs and $150,000 was used to fund payroll.

Powerrail manufacturing inc is Existing or more than 2 years old

PPP Loan Search / IN / CONNERSVILLE / Powerrail manufacturing inc

POWERRAIL MANUFACTURING INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWERRAIL MANUFACTURING INC

Borrower Address

1321 ILLINOIS AVENUE

Borrower City

CONNERSVILLE

Borrower State

IN

Borrower Zip

47331

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60103

Servicing Lender Name

FNCB Bank

Servicing Lender Address

100 S Blakely St

Servicing Lender City

DUNMORE

Servicing Lender State

PA

Servicing Lender Zip

18512-2239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONNERSVILLE

Project County Name

FAYETTE

Project State

IN

Project Zip

47331-0001

CD

IN-06

Jobs Reported

26

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

60103

Originating Lender

FNCB Bank

Originating Lender City

DUNMORE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150879.45

Forgiveness Date

11/18/2020

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