Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
POWERS, INC
Borrower Address
26259 MAIN ST
Borrower City
BEAVER ISLAND
Borrower State
MI
Borrower Zip
49782-5101
Loan Status Date
04/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
21127.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
119163
Servicing Lender Name
Charlevoix State Bank
Servicing Lender Address
111 State St
Servicing Lender City
CHARLEVOIX
Servicing Lender State
Servicing Lender Zip
49720-1342
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-01
Jobs Reported
4
NAICS Code
444130
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2500.00
Payroll Proceed
17750.00
Mortgage Interest Proceed
Rent Proceed
427.00
Refinance EIDL Proceed
Health Care Proceed
450.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
21329.47
Forgiveness Date
03/29/2021