PPP Loan information for Powers business machines inc

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWERS BUSINESS MACHINES INC

Borrower Address

9701 WARWICK BLVD

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23601-4224

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147100.00

Current Approval Amount

147100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107246

Servicing Lender Name

Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU

Servicing Lender Address

One Bayport Way, Ste 350

Servicing Lender City

NEWPORT NEWS

Servicing Lender State

VA

Servicing Lender Zip

23606-4571

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23601-4224

CD

VA-03

Jobs Reported

12

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

147100.00

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

107246

Originating Lender

Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU

Originating Lender City

NEWPORT NEWS

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

148196.20

Forgiveness Date

01/07/2021