PPP Loan information for Powers electric co inc

$170,667

Powers electric co inc was initially approved for PPP Loan of amount $170,667, the current approved amount is $170,667. The loan was approved on 02/27/2021 by The PNC Bank, National Association reported 8 jobs and $170,667 was used to fund payroll.

Powers electric co inc is Existing or more than 2 years old

PPP Loan Search / NJ / Columbus / Powers electric co inc

POWERS ELECTRIC CO INC

Date Approved

02/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

POWERS ELECTRIC CO INC

Borrower Address

242 Petticoat Bridge Rd 242 Petticoat Bridge Rd

Borrower City

Columbus

Borrower State

NJ

Borrower Zip

08022-1405

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170667.00

Current Approval Amount

170667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbus

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08022-1405

CD

NJ-03

Jobs Reported

8

NAICS Code

236220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

170664.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

171695.74

Forgiveness Date

10/06/2021

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