PPP Loan information for Powers service co inc

$243,000

Powers service co inc was initially approved for PPP Loan of amount $243,000, the current approved amount is $243,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 12 jobs and $243,000 was used to fund payroll.

Powers service co inc is Existing or more than 2 years old

PPP Loan Search / NJ / CEDAR GROVE / Powers service co inc

POWERS SERVICE CO INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWERS SERVICE CO INC

Borrower Address

59 VILLAGE PARK RD

Borrower City

CEDAR GROVE

Borrower State

NJ

Borrower Zip

07009-1212

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243000.00

Current Approval Amount

243000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR GROVE

Project County Name

ESSEX

Project State

NJ

Project Zip

07009-1212

CD

NJ-11

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198786.15

Forgiveness Date

06/29/2021

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