PPP Loan information for Powersource electric inc

$176,700

Powersource electric inc was initially approved for PPP Loan of amount $176,700, the current approved amount is $176,700. The loan was approved on 04/09/2020 by The Alpine Bank reported 13 jobs and $176,700 was used to fund payroll.

Powersource electric inc is Existing or more than 2 years old

POWERSOURCE ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

POWERSOURCE ELECTRIC INC

Borrower Address

2330 E MAIN ST

Borrower City

MONTROSE

Borrower State

CO

Borrower Zip

81401-3830

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176700.00

Current Approval Amount

176700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15517

Servicing Lender Name

Alpine Bank

Servicing Lender Address

2200 Grand Ave

Servicing Lender City

GLENWOOD SPRINGS

Servicing Lender State

CO

Servicing Lender Zip

81601-4120

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTROSE

Project County Name

MONTROSE

Project State

CO

Project Zip

81401-3830

CD

CO-03

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176700.00

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

Corporation

Originating Lender Location Id

15517

Originating Lender

Alpine Bank

Originating Lender City

GLENWOOD SPRINGS

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178220.10

Forgiveness Date

02/19/2021

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