PPP Loan information for Powers, inc

$21,127

Powers, inc was initially approved for PPP Loan of amount $21,127, the current approved amount is $21,127. The loan was approved on 04/08/2020 by The Charlevoix State Bank reported 4 jobs and $21,127 was used to fund payroll.

Powers, inc is Existing or more than 2 years old

POWERS, INC

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

21127.00

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

MI

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

BEAVER ISLAND

Project County Name

CHARLEVOIX

Project State

MI

Project Zip

49782-5101

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

0.00

Rent Proceed

427.00

Refinance EIDL Proceed

0.00

Health Care Proceed

450.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119163

Originating Lender

Charlevoix State Bank

Originating Lender City

CHARLEVOIX

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21329.47

Forgiveness Date

03/29/2021

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