PPP Loan information for Powersafe automation, llc

$85,000

Powersafe automation, llc was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/08/2020 by The Lincoln Savings Bank reported 10 jobs and $85,000 was used to fund payroll.

Powersafe automation, llc is Existing or more than 2 years old

PPP Loan Search / IN / WOLCOTTVILLE / Powersafe automation, llc

POWERSAFE AUTOMATION, LLC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWERSAFE AUTOMATION, LLC

Borrower Address

129 N MAIN STREET

Borrower City

WOLCOTTVILLE

Borrower State

IN

Borrower Zip

46795-9037

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOLCOTTVILLE

Project County Name

LAGRANGE

Project State

IN

Project Zip

46795-9037

CD

IN-03

Jobs Reported

10

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

70000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

10000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76435.18

Forgiveness Date

11/12/2020

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