PPP Loan information for Powers leasing inc

$144,800

Powers leasing inc was initially approved for PPP Loan of amount $144,800, the current approved amount is $144,800. The loan was approved on 01/28/2021 by The Comerica Bank reported 19 jobs and $144,800 was used to fund payroll.

Powers leasing inc is Existing or more than 2 years old

POWERS LEASING INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POWERS LEASING INC

Borrower Address

3700 Giddings Rd

Borrower City

Orion

Borrower State

MI

Borrower Zip

48359-1306

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144800.00

Current Approval Amount

144800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orion

Project County Name

OAKLAND

Project State

MI

Project Zip

48359-1306

CD

MI-09

Jobs Reported

19

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

144798.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145330.93

Forgiveness Date

06/15/2021

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