PPP Loan information for Powers automotive llc

$14,596

Powers automotive llc was initially approved for PPP Loan of amount $14,596, the current approved amount is $14,596. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $14,596 was used to fund payroll.

Powers automotive llc is New Business or 2 years or less

PPP Loan Search / TN / LEBANON / Powers automotive llc

POWERS AUTOMOTIVE LLC

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

POWERS AUTOMOTIVE LLC

Borrower Address

709 PARK AVE

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37087-3724

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14596.00

Current Approval Amount

14596.00

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

New Business or 2 years or less

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37087-3724

CD

TN-06

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14596.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14719.57

Forgiveness Date

03/10/2021

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