PPP Loan information for Powers homes management corp

$60,830

Powers homes management corp was initially approved for PPP Loan of amount $60,830, the current approved amount is $60,830. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 4 jobs and $60,830 was used to fund payroll.

Powers homes management corp is New Business or 2 years or less

POWERS HOMES MANAGEMENT CORP

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

POWERS HOMES MANAGEMENT CORP

Borrower Address

113 WESTMINSTER PIKE

Borrower City

REISTERSTOWN

Borrower State

MD

Borrower Zip

21136-1026

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60830.00

Current Approval Amount

60830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

REISTERSTOWN

Project County Name

BALTIMORE

Project State

MD

Project Zip

21136-1026

CD

MD-02

Jobs Reported

4

NAICS Code

237210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60830.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61296.64

Forgiveness Date

01/25/2021

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