PPP Loan information for Powers equipment co inc

$342,700

Powers equipment co inc was initially approved for PPP Loan of amount $342,700, the current approved amount is $342,700. The loan was approved on 04/10/2020 by The PNC Bank, National Association reported 26 jobs and $342,700 was used to fund payroll.

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

PPP Loan Search / PA / WARMINSTER / Powers equipment co inc

POWERS EQUIPMENT CO INC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

POWERS EQUIPMENT CO INC

Borrower Address

105 STEAMBOAT DR

Borrower City

WARMINSTER

Borrower State

PA

Borrower Zip

18974-4856

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342700.00

Current Approval Amount

342700.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARMINSTER

Project County Name

BUCKS

Project State

PA

Project Zip

18974-4856

CD

PA-01

Jobs Reported

26

NAICS Code

423740

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

342700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

344756.20

Forgiveness Date

11/17/2020

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