PPP Loan information for Powers paper company, inc.

$838,306

Powers paper company, inc. was initially approved for PPP Loan of amount $838,306, the current approved amount is $838,306. The loan was approved on 04/05/2020 by The First State Bank reported 64 jobs and $838,306 was used to fund payroll.

Powers paper company, inc. is Existing or more than 2 years old

PPP Loan Search / KY / BRANDENBURG / Powers paper company, inc.

POWERS PAPER COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

POWERS PAPER COMPANY, INC.

Borrower Address

1000 ARMORY PL

Borrower City

BRANDENBURG

Borrower State

KY

Borrower Zip

40108-1732

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

838306.49

Current Approval Amount

838306.49

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27147

Servicing Lender Name

First State Bank

Servicing Lender Address

240 N First St

Servicing Lender City

IRVINGTON

Servicing Lender State

KY

Servicing Lender Zip

40146-9102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRANDENBURG

Project County Name

MEADE

Project State

KY

Project Zip

40108-1732

CD

KY-02

Jobs Reported

64

NAICS Code

322299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

838306.49

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

27147

Originating Lender

First State Bank

Originating Lender City

IRVINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

842987.03

Forgiveness Date

11/05/2020

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