PPP Loan information for Powers catering

$138,600

Powers catering was initially approved for PPP Loan of amount $138,600, the current approved amount is $138,600. The loan was approved on 04/24/2021 by The Sterling State Bank reported 21 jobs and $138,600 was used to fund payroll.

Powers catering is Existing or more than 2 years old

PPP Loan Search / MN / Rochester / Powers catering

POWERS CATERING

Date Approved

04/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

POWERS CATERING

Borrower Address

7333 Airport View Dr SW

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55902-1847

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138600.14

Current Approval Amount

138600.14

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55902-1847

CD

MN-01

Jobs Reported

21

NAICS Code

722320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

138594.14

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

Subchapter S Corporation

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139720.49

Forgiveness Date

02/10/2022

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