PPP Loan information for Powersports plus llc

$422,427

Powersports plus llc was initially approved for PPP Loan of amount $422,427, the current approved amount is $422,427. The loan was approved on 04/10/2020 by The Valley National Bank reported 40 jobs and $422,427 was used to fund payroll.

Powersports plus llc is Existing or more than 2 years old

POWERSPORTS PLUS LLC

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

POWERSPORTS PLUS LLC

Borrower Address

3006 Kensington Court

Borrower City

ALBANY

Borrower State

GA

Borrower Zip

31721-1579

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422427.00

Current Approval Amount

422427.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

DOUGHERTY

Project State

GA

Project Zip

31721-1579

CD

GA-02

Jobs Reported

40

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

422427.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

426803.81

Forgiveness Date

04/29/2021

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