PPP Loan information for Powers electric company, inc.

$149,300

Powers electric company, inc. was initially approved for PPP Loan of amount $90,300, the current approved amount is $149,300. The loan was approved on 05/21/2020 by The Celtic Bank Corporation reported 7 jobs and $149,300 was used to fund payroll.

Powers electric company, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Columbus / Powers electric company, inc.

POWERS ELECTRIC COMPANY, INC.

Date Approved

05/21/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWERS ELECTRIC COMPANY, INC.

Borrower Address

242 Petticoat Bridge Rd.

Borrower City

Columbus

Borrower State

NJ

Borrower Zip

08022-1405

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90300.00

Current Approval Amount

149300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

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

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

149300.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150817.54

Forgiveness Date

06/10/2021

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